What is considered a balanced market in Waunakee, Wisconsin?

A balanced market is commonly around 4–6 months of supply. Waunakee's 1.90 months of supply in January 2026 indicates an extreme seller's market.

Is It a Buyer's or Seller's Market in Waunakee, Wisconsin? (January 2026)

Q: Is Waunakee a buyer's or seller's market right now?

In January 2026, Waunakee is an extreme seller's market with 1.90 months of supply and 51 active listings. December saw a 66.7% sales surge year-over-year.

Q: What determines whether Waunakee is a buyer's or seller's market?

Market type is primarily determined by months of supply. Lower supply generally favors sellers, while higher supply generally favors buyers. Waunakee's 1.90 months is well below balanced levels.

Q: Are home prices rising in Waunakee?

Yes. The full-year 2025 median was $599,000, up 2.4% year-over-year. December's median of $455,000 reflects sales mix variation, not a market decline.

Q: Which price range is most competitive in Waunakee?

The $500k–$599k range is the most competitive with just 0.77 months of supply and only 3 active listings. Sellers in this bracket have almost no competition.

Q: Which price range offers buyers more options?

The $700k–$799k range has 3.00 months supply and the $1M+ segment has 3.67 months supply — both offering more negotiating room than lower brackets.

by John Reuter

Is It a Buyer's or Seller's Market in Waunakee, Wisconsin? (January 2026)

Question: Is it a buyer's or seller's market in Waunakee, Wisconsin?

Answer: In January 2026, Waunakee is in an Extreme Seller's Market with 1.90 months of supply and 51 active listings. The median home sells in 26 days, and December saw a 66.7% surge in sales. The $500k–$599k range is critically undersupplied with only 3 listings. Data Source: South Central Wisconsin MLS (SCWMLS) market data, as published by Integrity Homes. Last updated: January 3, 2026

Full-year 2025 median: $599,000 (+2.4% YoY)
December median: $455,000
Median days on market: 26 days
December sales: 30 (+66.7% YoY)
Active inventory: 51 homes
Months of supply: 1.90
Market type: Extreme Seller's Market

Stone pedestrian bridge over a creek at Village Park in Waunakee, Wisconsin, representing current buyer and seller market conditions.

Understanding whether Waunakee favors buyers or sellers depends on inventory levels, market speed, and pricing trends. January 2026 data shows a strong seller's market with pent-up buyer demand.

Data source: South Central Wisconsin MLS. Numbers reflect December closings as published on IntegrityHomesWI.com, snapshot dated Jan 1, 2026.

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Why Waunakee Is an Extreme Seller's Market

Only 51 homes actively for sale
Just 1.90 months of supply — well below balanced levels of 4–6 months
December sales surge: 30 closings (+66.7% YoY) — buyers didn't hibernate
$500k–$599k hot zone: only 3 listings (0.77 mo supply) — virtually no competition for sellers
Strong long-term demand for Waunakee schools and community

Where Buyers Have Opportunities

More options than Madison: Waunakee's 1.90 mo supply offers 2.5× more inventory than Madison's 0.77 mo
Slight negotiating room: homes selling at 0.98% under ask on average
$700k–$799k range: 3.00 months supply offers more breathing room
$1M+ segment: 3.67 months supply — closer to balanced conditions

While sellers hold the advantage overall, buyers have more options in higher price brackets and can negotiate when listings sit longer than average.

What This Means for Buyers

Be decisive: December's 66.7% sales surge shows you're competing with motivated buyers. Well-priced homes move quickly.

Look at higher brackets: The $700k+ ranges have more inventory and negotiating room than the ultra-competitive $500k–$599k zone.

Homes for Sale in Waunakee

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What This Means for Sellers

The $500k–$599k sweet spot: With only 3 active listings in this range, you have virtually no competition. This is a golden opportunity.

Pricing discipline wins: Waunakee buyers are sophisticated. Overpriced listings sit while correctly priced homes sell in under a month.

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Frequently Asked Questions

What determines whether Waunakee is a buyer's or seller's market?

Market type is determined primarily by months of supply. In January 2026, Waunakee recorded 1.90 months of supply, well below the typical 4–6 months that indicate a balanced market. December's 66.7% sales surge confirms strong buyer demand.

What is a balanced housing market in Waunakee?

A balanced market generally occurs at four to six months of supply. With 1.90 months of supply in January 2026, Waunakee remains firmly in seller's market territory.

Are home prices rising in Waunakee?

Yes. The full-year 2025 median was $599,000, up 2.4% year-over-year. December's median of $455,000 reflects sales mix variation, not a market decline.

Which price range is most competitive in Waunakee?

The $500k–$599k range is the most competitive with just 0.77 months of supply and only 3 active listings. Sellers in this bracket have almost no competition.

Which price range offers buyers more options?

The $700k–$799k range has 3.00 months supply and the $1M+ segment has 3.67 months supply — both offering more negotiating room than lower brackets.

John Reuter
Wisconsin-based real estate advisor and U.S. Air Force veteran. John shares monthly housing market insights across Dane County to help buyers and sellers make informed decisions.
Call/Text: 608-669-4226 | Email: john@integrityhomeswi.com

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John Reuter

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john@integrityhomeswi.com