Here is your Dane County real estate market update for July through September 2023. It includes accurate real estate information for single-family homes, condos, vacant land, multi-family homes, and commercial properties in Dane County, Wisconsin.
This Dane County Real Estate Market Update Shares:
- 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. Hint: It’s probably not the same as what the news and your chatty neighbor are saying.
How’s the real estate market in Dane County, Wisconsin?
Above is a snapshot real estate report for single-family homes in Dane County, WI from July through September 2023. The arrows indicate how third quarter real estate compares to the second quarter in Dane County.
Next, let’s dive into each real estate category deeper to better understand what’s on the market and what’s successfully selling for condos, lots & acreage, multi-family properties, and commercial real estate. All data below is from the MLS 10/2023.
Single Family Homes in Dane County, WI
| # New Homes Listed | 1,341 |
| Total # Homes on the Market | 811 |
| Average Days on Market for Active Homes | 71 |
| Average List Price of Houses For Sale | $616,760 |
| # Single-Family Houses Sold | 1,342 |
| Average Sold Price | $503,455 |
| Sale Price / List Price Ratio | 101% |
| Average Days on Market for Sold Homes | 16 |
Condos in Dane County, WI
| # New Condos Listed | 361 |
| Total # Condos on the Market | 199 |
| Average Days on Market for Active Condos | 59 |
| Average List Price of Condos For Sale | $395,216 |
| # Condos Sold | 351 |
| Average Sold Price | $339,141 |
| Sale Price / List Price Ratio | 102% |
| Average Days on Market for Sold Condos | 19 |
Multi-Family Properties in Dane County, WI
| # New Multi-Family Units Listed | 69 |
| Total # Multi-Family Properties on the Market | 41 |
| Average Days on Market for Active Multi-Family Properties | 87 |
| Average List Price of Multi-Family Homes For Sale | $711,350 |
| # Multi-Family Houses Sold | 61 |
| Average Sold Price | $648,202 |
| Sale Price / List Price Ratio | 99% |
| Average Days on Market for Sold Multi-Family Properties | 18 |
Lots & Acreage in Dane County, WI
| # New Lots/Acreage Listed | 232 |
| Total # Land Listings on the Market | 1,013 |
| Average Days on Market for Active Lots | 476 |
| Average List Price of Land For Sale | $264,519 |
| # Lots & Acreage Sold | 130 |
| Average Sold Price | $219,251 |
| Sale Price / List Price Ratio | 16% |
| Average Days on Market for Sold Land | 334 |
Commercial Real Estate in Dane County, WI
| # New Business/Commercial Listed | 33 |
| Total # Commercial Properties on the Market | 105 |
| Average Days on Market for Commercial Properties | 304 |
| Average List Price of Business Properties For Sale | $819,048 |
| # Business Properties Sold | 15 |
| Average Sold Price | $1,038,375 |
| Sale Price / List Price Ratio | 89% |
| Average Days on Market for Sold Business Properties | 101 |
You Might Also Like
- FAQs about Selling Your House
- When is the Best Time to Buy a House in Wisconsin
- When is the Best Time to Sell a House in Wisconsin
- How Much Does it Cost to Build a House in Wisconsin
- Proven Ways to Sell Land Fast in Wisconsin
- Downsizing Tips to Help You Downsize Without Overwhelm
- How to Buy a House with Bad Credit
Curious how much your home is worth?
Enter your address below to get an estimated home value report.