Is Dane County a Buyer's Market? Find out What's Hot, and What's Not!

Selling a home is a significant decision, and one of the first questions homeowners ask is, "Is Dane County a seller's market?" The answer lies in the local real estate trends, inventory levels, and buyer demand. For sellers in Dane County, including cities like Madison, Waunakee, and Sun Prairie, understanding the market dynamics can help you make informed decisions and maximize your home's value.

What Defines a Seller's Market?

A seller's market occurs when there are more buyers than available homes, resulting in:

• Faster sales.
• Higher prices.
• Competitive offers from buyers.

In Dane County, key indicators like median days on market, months of inventory, and listing price trends show that many areas are leaning toward a seller's market. Here’s a breakdown of the current data and what it means for you.

Dane County Real Estate Trends by City

Madison, WI

• Median Days on Market: 70 days (up 12 days from last month).
• Median Listing Price: $423,400 (2.42% decrease).
• Months of Inventory: 1.5 (6.67% decrease).

What It Means:
🔴 Madison is currently in a seller’s market. Tight inventory and steady buyer demand mean homes are moving quickly, despite a slight dip in prices. Sellers have the upper hand in this competitive market.

Waunakee, WI

• Median Days on Market: 75 days (up 5 days).
• Median Listing Price: $811,200 (2.62% increase).
• Months of Inventory: 2.8 (3.57% increase).

What It Means:
🔴 Waunakee is currently in a seller’s market. High buyer demand, excellent schools, and proximity to Madison keep this market competitive, with rising prices reflecting strong interest.

Sun Prairie, WI

• Median Days on Market: 66 days (up 6 days).
• Median Listing Price: $498,700 (11.79% increase).
• Months of Inventory: 2.6 (30.77% increase).

What It Means:
🔴 Sun Prairie is currently in a seller’s market. Limited inventory and rising prices create strong competition among buyers, keeping homes in high demand.

Cottage Grove, WI

• Median Days on Market: 48 days (down 24 days).
• Median Listing Price: $603,600 (8.90% increase).
• Months of Inventory: 2.8 (14.29% increase).

What It Means:
🔴 Cottage Grove is currently in a seller’s market. Homes are moving faster than ever, with significant price increases reflecting intense buyer interest.

Oregon, WI

• Median Days on Market: 57 days (down 1 day).
• Median Listing Price: $492,400 (3.05% increase).
• Months of Inventory: 3.5 (2.86% decrease).

What It Means:
🔴 Oregon is currently in a seller’s market. Rising prices and fewer listings indicate strong buyer activity, giving sellers an advantage.

Verona, WI

• Median Days on Market: 59 days (up 12 days).
• Median Listing Price: $584,900 (0.42% increase).
• Months of Inventory: 2.8 (7.14% decrease).

What It Means:
🔴 Verona is currently in a seller’s market. Shrinking inventory and stable pricing keep this market competitive for sellers, despite slightly longer selling times.

Middleton, WI

• Median Days on Market: 121 days (up 29 days).
• Median Listing Price: $500,200 (0.13% increase).
• Months of Inventory: 3.9 (2.56% increase).

What It Means:
🔵 Middleton is currently a balanced market. Longer days on market and a slight inventory increase suggest a more neutral playing field between buyers and sellers.

Stoughton, WI

• Median Days on Market: 54 days (down 2 days).
• Median Listing Price: $434,100 (8.60% decrease).
• Months of Inventory: 2.8 (3.57% increase).

What It Means:
🔴 Stoughton is currently in a seller’s market. Fewer listings and quicker sales indicate strong buyer activity, despite a drop in median prices.

Fitchburg, WI

• Median Days on Market: 58 days.
• Median Listing Price: $525,000.
• Months of Inventory: 2.7.

What It Means:
🔴 Fitchburg is currently in a seller’s market. Rising home prices and tight inventory continue to drive strong demand.

Mount Horeb, WI

• Median Days on Market: 65 days.
• Median Listing Price: $455,000.
• Months of Inventory: 3.2.

What It Means:
🔴 Mount Horeb is currently in a seller’s market. Homes sell quickly, with moderate price increases reflecting stable buyer interest.

McFarland, WI

• Median Days on Market: 50 days.
• Median Listing Price: $485,000.
• Months of Inventory: 2.5.

What It Means:
🔴 McFarland is currently in a seller’s market. Fast-moving inventory and competitive pricing make it favorable for sellers.

Monona, WI

• Median Days on Market: 55 days.
• Median Listing Price: $467,000.
• Months of Inventory: 2.6.

What It Means:
🔴 Monona is currently in a seller’s market. High demand for lakefront and family-friendly properties keeps competition fierce.

Final Thoughts: Is Dane County a Seller's Market?

Yes, Dane County is predominantly a seller's market, especially in areas with low inventory and rising prices like Sun Prairie, Cottage Grove, and Waunakee. While some cities, like Middleton, are experiencing slower turnover, the overall trends favor sellers who are prepared and strategic.

Call-to-Action

Ready to take advantage of Dane County’s seller’s market? Contact me today to discuss your home’s value and create a personalized strategy to maximize your sale.

📞 608-669-4226
📧 john@integrityhomeswi.com

John Reuter
Integrity Homes
📞 608.669.4226
📧 john@integrityhomeswi.com

Real Broker, LLC