$2,072 Closing Credit*
$174,500
1,680 SqFt
3 Beds
•2 Full Baths
#1587422, Robert Novak, Listing Office: CB River Valley Realty/BRF
Is Dane County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$431,577
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,551(+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 $431,577 in October 2024, up 7.6% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245.5K | $230K | -6.3% |
| 2 Bedrooms | $288K | $300K | +4.2% |
| 3 Bedrooms | $399.2K | $420K | +5.2% |
| 4 Bedrooms | $534.2K | $545.2K | +2.0% |
| 5+ Bedrooms | $724.2K | $744K | +2.7% |
Summary: Dane County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
| Dodge County | $245K | $269.5K | +10.0% |
| Columbia County | $259.9K | $285.2K | +9.7% |
| Dane County | $401K | $431.5K | +7.6% |
| Jefferson County | $308.7K | $325.2K | +5.3% |
Housing Supply in Dane County, WI
How many homes are available in Dane County, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,865 | 1,908 | +2.3% |
Summary: The Dane County real estate market had 1,908 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 38 | 51 | +34.2% |
| 2 Bedrooms | 338 | 328 | -3.0% |
| 3 Bedrooms | 858 | 888 | +3.5% |
| 4 Bedrooms | 494 | 500 | +1.2% |
| 5+ Bedrooms | 137 | 141 | +2.9% |
Summary: The Dane County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 34.2%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 455 | 448 | -1.5% |
Asking Price vs. Sold Price
171 Homes Were Sold
Under Asking
109 Homes Were Sold
At Asking
168 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. 38.2% of homes here sold below asking price last month.
Summary: A total of 448 homes were sold or pending in Dane County in October 2024, down by 1.5% month-over-month. Of the 448 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% 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
