Madison, Wisconsin is considered to be a stable and attractive city to buy real estate in. However, as with any investment, there are both pros and cons to consider.

Pros:
- Increasing home values: Over the past few years, the average home value in Madison has increased steadily, suggesting a safe and stable investment for those looking to sell in the future.
- College-town atmosphere: Madison is home to the University of Wisconsin-Madison, which creates a vibrant cultural scene and a steady stream of renters.
- Strong local economy: Madison has a diverse and well-established economy, featuring sectors such as healthcare, technology, and government, which provides steady income and employment opportunities.

Cons:
- High property taxes: Wisconsin has some of the highest property taxes in the United States, meaning that owning a home in Madison can be quite expensive.
- Low rental yields: Due to high home prices and the competitive rental market, some investors may struggle to find lucrative rental properties in Madison.
- Extreme cold: Madison experiences winter months with extremely cold weather, and this can make the living environment difficult for some residents.

Overall, Madison could be a great place to invest in real estate, especially for those looking to own a home or invest in a college town. However, the higher property taxes and lower rental yields could make it less attractive for some investors.