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Dane County Real Estate Market Update Q4 (2023)

Here is your Dane County real estate market update for October through December 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 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?

Here is a snapshot real estate report for single-family homes in Dane County, WI from October through December 2023.

dane-county-wisconsin-real-estate-highlights-shine-realty-2023-december

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 pulled on 1/4/2024.

Single Family Homes in Dane County, WI

# New Homes Listed805
Total # Homes on the Market559
Average Days on Market for Active Homes103
Average List Price of Houses For Sale$663,602
# Single-Family Houses Sold1,046
Average Sold Price$483,145
Sale Price / List Price Ratio100%
Average Days on Market for Sold Homes22

Condos in Dane County, WI

# New Condos Listed221
Total # Condos on the Market138
Average Days on Market for Active Condos92
Average List Price of Condos For Sale$384,543
# Condos Sold275
Average Sold Price$332,717
Sale Price / List Price Ratio100%
Average Days on Market for Sold Condos18

Multi-Family Properties in Dane County, WI

# New Multi-Family Units Listed48
Total # Multi-Family Properties on the Market38
Average Days on Market for Active Multi-Family Properties90
Average List Price of Multi-Family Homes For Sale$805,395
# Multi-Family Houses Sold50
Average Sold Price$489,025
Sale Price / List Price Ratio98%
Average Days on Market for Sold Multi-Family Properties33

Lots & Acreage in Dane County, WI

# New Lots/Acreage Listed141
Total # Land Listings on the Market919
Average Days on Market for Active Lots524
Average List Price of Land For Sale$268,604
# Lots & Acreage Sold138
Average Sold Price$197,649
Sale Price / List Price Ratio97%
Average Days on Market for Sold Land236

Commercial Real Estate in Dane County, WI

# New Business/Commercial Listed36
Total # Commercial Properties on the Market96
Average Days on Market for Commercial Properties289
Average List Price of Business Properties For Sale$854,604
# Business Properties Sold18
Average Sold Price$474,732
Sale Price / List Price Ratio99%
Average Days on Market for Sold Business Properties51

Resources for Buyers & Builders

Resources for Sellers

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