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Q2 2023: Dane County Real Estate Market Report

Below is your Dane County real estate market update for April-June 2023. It includes information for single family homes, condos, vacant land, multi-family homes, and commercial properties.

This Dane County Real Estate Market Update Provides:

  • How many houses sold
  • How many homes are for sale
  • Average list price and sold price
  • How many days properties are on the market
  • AND MORE!

The real estate market is always changing. If you’re considering buying or selling a house, land, or business in Dane County, it’s important to have accurate, local data to understand what’s going on in the current real estate market.


How’s the real estate market in Dane County, Wisconsin?

Dane County 2nd Quarter Real Estate Market Report

Here’s a snapshot of the market for single-family homes in Dane County from April through June 2023.

Next, let’s dive into each real estate category deeper to better understand the market for condos, lots & acreage, multi-family properties, and more. All data below is from the MLS 7/2023.

Single Family Homes in Dane County, WI

# New Homes Listed1,573
Total # Homes on the Market809
Average Days on Market for Active Homes58
Average List Price of Houses For Sale$602,056
# Single-Family Houses Sold1,316
Average Sold Price$516,591
Sale Price / List Price Ratio102%
Average Days on Market for Sold Homes18

Condos in Dane County, WI

# New Condos Listed445
Total # Condos on the Market174
Average Days on Market for Active Condos56
Average List Price of Condos For Sale$388,969
# Condos Sold389
Average Sold Price$341,127
Sale Price / List Price Ratio103%
Average Days on Market for Sold Condos19

Multi-Family Properties in Dane County, WI

# New Multi-Family Units Listed91
Total # Multi-Family Properties on the Market41
Average Days on Market for Active Multi-Family Properties67
Average List Price of Multi-Family Homes For Sale$701,246
# Multi-Family Houses Sold70
Average Sold Price$697,386
Sale Price / List Price Ratio100%
Average Days on Market for Sold Multi-Family Properties17

Lots & Acreage in Dane County, WI

# New Lots/Acreage Listed245
Total # Land Listings on the Market974
Average Days on Market for Active Lots495
Average List Price of Land For Sale$253,943
# Lots & Acreage Sold138
Average Sold Price$228,020
Sale Price / List Price Ratio94%
Average Days on Market for Sold Land561

Commercial Real Estate in Dane County, WI

# New Business/Commercial Listed35
Total # Commercial Properties on the Market108
Average Days on Market for Commercial Properties290
Average List Price of Business Properties For Sale$860,829
# Business Properties Sold24
Average Sold Price$647,874
Sale Price / List Price Ratio96%
Average Days on Market for Sold Business Properties170

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