$285,000
6.00 Acres
Land
#1990892, Jason Allen, Listing Office: Rock Realty
Is Dane County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
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.
Housing Prices in Dane County, WI
How much do homes in Dane County, WI cost?
Median Sold Price
$435,659
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,621(+7.6%)
Key Takeaway
Homes in Dane County have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Dane County was $435,659 in November 2024, up 7.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $227K | -9.2% |
| 2 Bedrooms | $288.2K | $301.3K | +4.6% |
| 3 Bedrooms | $399.8K | $424.8K | +6.3% |
| 4 Bedrooms | $532.4K | $549.9K | +3.3% |
| 5+ Bedrooms | $725K | $746.8K | +3.0% |
Summary: Dane County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Counties
| Columbia County | $260.3K | $290K | +11.4% |
| Dodge County | $249.3K | $271K | +8.7% |
| Dane County | $405K | $435.6K | +7.6% |
| Jefferson County | $309.8K | $325.4K | +5.0% |
Housing Supply in Dane County, WI
How many homes are available in Dane County, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,876 | 1,657 | -11.7% |
Summary: The Dane County real estate market had 1,657 homes for sale in November 2024, a 11.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 49 | 46 | -6.1% |
| 2 Bedrooms | 326 | 297 | -8.9% |
| 3 Bedrooms | 878 | 796 | -9.3% |
| 4 Bedrooms | 489 | 407 | -16.8% |
| 5+ Bedrooms | 134 | 111 | -17.2% |
Summary: The Dane County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 8.9%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes decreased by 17.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 488 | 432 | -11.5% |
Asking Price vs. Sold Price
185 Homes Were Sold
Under Asking
106 Homes Were Sold
At Asking
141 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dane County, you may be able to get a good deal. 42.8% of homes here sold below asking price last month.
Summary: A total of 432 homes were sold or pending in Dane County in November 2024, down by 11.5% month-over-month. Of the 432 sold homes, 43% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Dane County, WI
We’re sorry, we don't have information for this market at the moment
