2024 City of Madison Property Assessments

The 2024 property assessments are now available on the City website at cityofmadison.com/assessor. Assessment notices were mailed on Friday to all property owners whether or not their assessment has changed from the previous year's value. Property values increased 9.3% overall from the 2023 assessments. Commercial property has increased 10.5% and residential assessments increased 8.5%.

Information about the property assessment process in Madison is available in a Madison Assessor’s Office video.

As per state statute, a period for “examination of the assessment roll” - what is referred to as “open book” - is provided. This period of time is an opportunity to discuss property value and provide reason for changing value, if appropriate. This "open book" period is set aside for property owners to discuss their assessments with Assessor's Office staff prior to completion of the assessment roll. Property owners who wish to compare assessments may also view assessment data posted on the Assessor's website. Available information includes owner's name, property address, legal description, sale information and property characteristics.

The open book period will begin Monday, April 22 and close Friday, April 26 at 4:30 p.m. Property owners must initiate contact with the appraiser for their property in one of two ways:

• Email: openbook@cityofmadison.com
• Call: (608) 266-4531

Support staff fielding the initial contact will direct you to the appropriate appraiser and provide helpful information about the process and resources available. The appraiser will then contact you based on the initial information provided.

Owners who disagree with their assessment are encouraged to speak with the appraiser who established the value. If an error was made or if a property owner has evidence that the assessment does not reflect the actual fair market value of the property, the appraiser will take this information into consideration in setting the final assessed value. Appraisers welcome the opportunity to review any and all information provided. The best evidence of value is the recent sale price of the property or the sale prices of comparable properties.

After talking with the Assessor's Office, owners who still feel the assessed value of their property is incorrect may file a formal objection. The deadline for filing an objection form (or providing notice of intent) is Friday, May 3 at 4:30 p.m.

If you have general questions concerning assessments, please contact the Assessor's Office at assessor@cityofmadison.com or (608) 266-4531.