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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dane County is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Dane County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Dane County, WI cost?

Median Sold Price

$330,698

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$80,656(+32.3%)

Key Takeaway

Homes in Dane County have sold for 32.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $199K$216.5K
+8.8%
2 $232.6K$260K
+11.8%
3 $290K$365.7K
+26.1%
4 $410K$552.1K
+34.7%
5+ $527.7K$700.1K
+32.7%

Median Sold Price Compared To Nearby Counties

Dane County
+32.3%
Columbia County
+27.8%

How many homes are available in Dane County, WI?

Number of Homes For Sale

Apr 2023May 2023%
1,5751,685+7.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 3034
+13.3%
2 292301
+3.1%
3 679736
+8.4%
4 422444
+5.2%
5+ 152170
+11.8%

Number of Homes Sold

Apr 2023May 2023%
405513+26.7%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

104 Homes Were Sold
At Asking

325 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dane County, you could pay more than the asking price. 63.4% of homes here sold above asking price last month.

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

What housing markets are near Dane County, WI?

About Dane County, WI

Dane County, WI has 1,685 homes on the market. The number of homes for sale in Dane County, WI increased by 7% between April 2023 and May 2023. Real estate listing prices changed between April 2023 and May 2023: 1 bedroom properties prices increased by 8.8%, the cost of 2 bedrooms properties went up by 11.8%, 3 bedrooms properties became 26.1% more expensive, 4 bedrooms properties prices increased by 34.7%, prices of 5 bedrooms properties went up by 32.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 13.3%, 2 bedrooms homes inventory increased by 3.1%, the quantity of 3 bedrooms homes went up by 8.4%, the quantity of 4 bedrooms homes went up by 5.2%, volume of 5 bedrooms homes went up by 11.8%. In May 2023, from all listings sold in Dane County, WI there were more than 325 sold above asking price, over 84 sold below and more than 104 were sold right at the asked price.