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Dane County Real Estate Market Update Q1 (2024)

Here is your Dane County real estate market update for January through March 2024. It includes accurate housing information and trends for single-family homes, condos, vacant land, multi-family homes, and commercial properties that sold or are listed for sale 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 actually going on in the current real estate market. Hint: It’s likely a bit different than what the news or that chatty neighbor says.


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 January through March 2024.

Dane-County-WI-Real-Estate-Market-Update-April-2024

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 Statewide Wisconsin MLS (WIREX) pulled on 4/8/2024.


Single Family Homes in Dane County, WI

Between January 1 and March 31, 2024, In Dane County, WI, there were 1,332 new single-family homes listed for sale. There are 757 houses still available for sale. Those homes have been on the market for an average of 71 days, and the average asking price for houses for sale is slightly over $630,000.

# New Homes Listed1,332
Total # Homes on the Market757
Average Days on Market for Active Homes71
Average List Price of Houses For Sale$631,808

Between January 1 and March 31, 2024, 833 single-family homes that sold (officially closed) in Dane County. The average sale price was $502,106. Most homes sold for right around the asking price and were on the market for an average of 35 days.

# Single-Family Houses Sold833
Average Sold Price$502,106
Sale Price / List Price Ratio100%
Average Days on Market for Sold Homes35

Condos in Dane County, WI

# New Condos Listed426
Total # Condos on the Market239
Average Days on Market for Active Condos71
Average List Price of Condos For Sale$393,936
# Condos Sold237
Average Sold Price$317,087
Sale Price / List Price Ratio101%
Average Days on Market for Sold Condos24

Multi-Family Properties in Dane County, WI

# New Multi-Family Units Listed63
Total # Multi-Family Properties on the Market42
Average Days on Market for Active Multi-Family Properties66
Average List Price of Multi-Family Homes For Sale$827,373
# Multi-Family Houses Sold34
Average Sold Price$581,509
Sale Price / List Price Ratio98%
Average Days on Market for Sold Multi-Family Properties47

Lots & Acreage in Dane County, WI

# New Lots/Acreage Listed186
Total # Land Listings on the Market861
Average Days on Market for Active Lots505
Average List Price of Land For Sale$297,591
# Lots & Acreage Sold144
Average Sold Price$210,548
Sale Price / List Price Ratio97%
Average Days on Market for Sold Land458

Commercial Real Estate in Dane County, WI

# New Business/Commercial Listed52
Total # Commercial Properties on the Market120
Average Days on Market for Commercial Properties218
Average List Price of Business Properties For Sale$717,261
# Business Properties Sold19
Average Sold Price$780,573
Sale Price / List Price Ratio97%
Average Days on Market for Sold Business Properties118

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