Is Dane, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dane is a seller's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Dane was a Neutral Market.

Key Takeaway

Dane is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dane, WI

How much do homes in Dane, WI cost?

Median Sold Price

$500,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$38,946(+8.4%)

Key Takeaway

Homes in Dane have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Dane was $500,000 in August 2024, up 8.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 -$277.5K
N/A
3 $439.6K$444.9K
+1.2%
4 $486K$500K
+2.9%
5+ $489.9K$664.9K
+35.7%

Summary: Dane housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 35.7%.

Housing Supply in Dane, WI

How many homes are available in Dane, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
129-25.0%

Summary: The Dane real estate market had 9 homes for sale in August 2024, a 25.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 63
-50.0%
5+ 00
0.0%

Summary: The Dane housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dane, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Dane in August 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Dane, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Dane, WI

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