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 April 2021

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

$323,372

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$98,378(+43.7%)

Key Takeaway

Homes in Dane County have sold for 43.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $189K$192.1K
+1.7%
2 $204.9K$231.2K
+12.8%
3 $254.9K$350.8K
+37.6%
4 $386.2K$462K
+19.6%
5+ $622.5K$634.5K
+1.9%

Median Sold Price Compared To Nearby Counties

Columbia County
+48.1%
Dane County
+43.7%

How many homes are available in Dane County, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
1,7381,871+7.7%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 4044
+10.0%
2 322330
+2.5%
3 795850
+6.9%
4 439485
+10.5%
5+ 142162
+14.1%

Number of Homes Sold

Mar 2022Apr 2022%
515507-1.6%

Asking Price vs. Sold Price

70 Homes Were Sold
Under Asking

94 Homes Were Sold
At Asking

343 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. 67.7% 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.

About Dane County, WI

Number of homes for sale in Dane County, WI real estate market have reached 1,871. The inventory of homes for sale in Dane County, WI between March 2022 and April 2022 increased by 7.7%. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 1.7%, 2 bedrooms properties became 12.8% more expensive, prices of 3 bedrooms properties increased by 37.6%, the cost of 4 bedrooms properties went up by 19.6%, prices of 5 bedrooms properties increased by 1.9%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 10%, 2 bedrooms homes inventory increased by 2.5%, 3 bedrooms homes inventory increased by 6.9%, 4 bedrooms homes inventory increased by 10.5%, 5 bedrooms homes became 14.1% more available. Over 343 listings were sold over their listed price in April 2022 in Dane County, WI. In the same period over 70 listings were sold below the listed price and 94 listings were sold for the listed price.

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