53597 — Waunakee, WI Home Values
Typical home value $606,370 as of June 2026 · 3rd of 59 in Madison, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53597, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53597 compares in the Madison, WI area
ZIP code 53597 (Waunakee, WI) has a typical home value of $606,370 as of June 2026, ranking 3rd of 59 ZIP codes tracked in the Madison, WI area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved +1.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.3%, from $472,681 in June 2021 to $606,370 in June 2026. Against observed rent, the typical home here sells for 21.6× the annual rent ($2,344/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Madison, WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Madison.
Population and demographics
ZIP code 53597 has a population of 20,671, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89.6% White, 4.8% Hispanic or Latino, 2.9% two or more races, 1.5% Asian, and 1.3% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Waunakee Middle | 1001 South St, Waunakee, WI | 0 mi |
| Waunakee High | 301 Community Dr, Waunakee, WI | 0.2 mi |
| Waunakee Heritage Elementary | 501 South St, Waunakee, WI | 0.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 53597?
$606,370 as of June 2026, the latest month Zillow has published observed data for.
Is 53597 an expensive ZIP code in the Madison, WI area?
53597 ranks 3rd of 59 ZIP codes in the Madison, WI area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 53597 changed over the past year?
+1.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 53597?
The typical home price is 21.6× the observed annual rent in this ZIP code ($2,344/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 53597?
20,671, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53597?
Waunakee Middle (0 mi), Waunakee High (0.2 mi), Waunakee Heritage Elementary (0.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 53597?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Madison, WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.