Waunakee Wisconsin Real Estate Market Update - October 2025
$599,500 median price • 10 median days on market • 3.31 months of supply
Key Takeaways - October 2025
- Median home price: $599,500 (+0.4% year-over-year)
- Homes sell fast: 10 days median time on market
- Market status: Balanced conditions (3.31 months supply)
- Best for buyers: More selection and negotiating power than recent years
- Best for sellers: Still competitive, especially for updated homes under $700K
- Luxury market strong: $700K+ properties driving average price up 29.2%
Waunakee Wisconsin Housing Market Analysis – October 2025
Quick Market Facts
$599,500
Median Sale Price
+0.4% YoY
$687,252
Average Sale Price
+29.2% YoY
10 days
Median Days on Market
+1 day YoY
3.31
Months of Supply
Balanced
$243
Median $/SqFt
+11.9% YoY
-0.4%
Over/Under Ask
Near list
Data sources: South Central Wisconsin MLS. Data deemed reliable but not guaranteed.
Hyper-Local Market Overview
Balanced at last, prices holding strong: Inventory reached 3.31 months with a 10-day median DOM. That's a healthy shift from extreme seller leverage to balanced conditions, giving buyers breathing room while sellers still see competitive activity.
Price mix and luxury skew: Median price hit $599,500 (+0.4% YoY) while the average jumped to $687,252 (+29.2% YoY), signaling robust high-end activity in neighborhoods like Southbridge and Savannah Village.
Activity snapshot: Year-to-date sales totaled 253 (–3.8% YoY). New supply surged with 403 new listings (+14.5% YoY). Active listings at the Oct 1 snapshot were 86, with 21 pending.
Waunakee Market Geography
Primary Coverage Area: Waunakee, Wisconsin (53597)
Extended Service Area: Madison metro and greater Dane County
School District: Waunakee Community School District (Top-Ranked in Wisconsin)
Community Info: Learn more about Waunakee community amenities
Current Market Conditions & Trends
- Balanced market emerges: At 3.31 months of supply, buyers have more options than peak season, but well-priced homes still move quickly.
- Luxury drives averages: Average sale price climbed 29% while median stayed flat, indicating robust $700K–$1M+ activity.
- Median $/sqft rising: At $243 (+11.9% YoY), values continue upward even as volume normalizes.
- Near-list sale prices: Average sale-to-list ran –0.4%, showing fair negotiation without heavy concessions.
- Year-to-date snapshot (Jan 1–Oct 1): 253 sales, with YTD median at $599,500 and YTD average at $687,252.
Waunakee vs. Nearby Communities – Price Comparison
| Community | Median Price | Months Supply | Notes |
|---|---|---|---|
| Waunakee | $599,500 | 3.31 | Premium schools, strong demand |
| Sun Prairie | $431,000 | 2.13 | Faster sales, tighter inventory |
| Middleton | ~$550,000 | 2.8 | Similar school quality |
| Dane County avg | ~$440,000 | 3.0 | County-wide benchmark |
*Recent benchmarks; latest local MLS releases may vary by month.
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New Listings & Market Activity
- New listings: 403 YTD (+14.5% YoY) — supply is rebuilding after years of scarcity.
- Active inventory: 86 homes available as of Oct 1 snapshot.
- Pending sales: 21 contracts in process, indicating steady pipeline.
- Velocity by segment: $500K–$699K range moving fastest; $700K–$1M+ showing consistent luxury demand.
Big Picture: Rates & Competition
As affordability nudges buyers to be selective, modest rate relief can quickly translate into stronger weekend traffic and tighter multiple-offer pockets—especially for homes priced right and prepped well.
Integrity Homes' view: In a balanced market at ~3.31 months, a small dip in rates often lifts demand first, not supply. Expect sharper competition on the best-located and best-prepped listings, particularly in the Waunakee School District.
Market Forecast & Buyer/Seller Recommendations
Waunakee Outlook
Expect balanced conditions to persist into late fall. With 3.31 months of supply and 10-day median DOM, well-prepped, correctly priced properties should continue to move efficiently. Homes that lag past two weeks should reassess pricing/condition.
What Sellers Need to Know
- Win the first 10 days: That's the window where the market pays the most. Hit the market turnkey and price inside the lane buyers are searching.
- Leverage showing feedback fast: If traffic is soft by weekend two, adjust (price, paint, lighting, landscaping) before staleness sets in.
- Flexible terms = leverage: With sale-to-list near –0.4% on average, occupancy flexibility and pre-inspection can still draw strong offers.
- Luxury segment stays active: Properties $700K+ are driving the average up 29%. Price competitively within your micro-market.
What Buyers Need to Know
- Be offer-ready: Pre-underwrite, know your payment bands, and set "go/no-go" criteria. Attractive homes under $700K still generate multiple offers quickly.
- You have options: With 3.31 months of supply, you can be more selective than in recent years. Don't rush into compromise.
- Negotiate strategically: With homes closing near list (–0.4%), target listings past 10–14 DOM for credits or modest price improvements.
- School district premium: Waunakee School District continues to command premium pricing. Factor this into long-term value.
Frequently Asked Questions
For Home Buyers in Waunakee, WI
Is now a good time to buy a home in Waunakee, WI?
Yes — Waunakee's housing market has shifted toward balance with 3.3 months of inventory, giving buyers more choices than we've seen in years. While prices remain strong, competition has eased, and homes sit on the market around 10 days on average. Buyers in the Waunakee School District especially benefit from the mix of stability and selection heading into winter.
Related: Waunakee homes for sale, buy a home in Waunakee, Waunakee housing market 2025
What's the average home price in Waunakee right now?
As of October 2025, the median sale price in Waunakee is $599,500, up slightly year-over-year. The average sale price has climbed to $687,252, boosted by luxury sales in neighborhoods like Southbridge and Savannah Village.
Related: Waunakee home prices, median home price Waunakee WI, Waunakee property values
How fast are homes selling in Waunakee?
Homes in Waunakee sell in a median of 10 days, much faster than most of Dane County. Even as inventory grows, demand stays high thanks to Waunakee's schools, parks, and proximity to Madison. Well-priced homes under $700,000 often attract multiple offers within the first week.
Related: Waunakee days on market, how long to sell a home in Waunakee, Waunakee real estate trends
How do Waunakee home prices compare to Dane County overall?
Waunakee homes consistently sell above the Dane County median, reflecting its top-ranked schools and strong community appeal. While county-wide prices hover near the $425K–$450K range, Waunakee's median remains around $600K, underscoring its long-term stability and desirability.
Related: Waunakee vs Dane County home prices, Dane County real estate comparison, Waunakee market stats
Will mortgage rates affect the Waunakee real estate market in late 2025?
Yes, but not as dramatically as before. Even with rates hovering in the mid-6% range, local demand in Waunakee remains strong due to limited new construction and top-tier schools. Buyers are adjusting expectations and still moving forward — especially those leveraging VA loans, first-responder programs, or Reward Our Heroes™ benefits.
Related: mortgage rates Waunakee WI, Waunakee housing forecast 2025, VA home loans Waunakee
What neighborhoods in Waunakee have the best schools?
All Waunakee neighborhoods benefit from the highly-rated Waunakee Community School District. Southbridge, Savannah Village, and Prairie Crossing are particularly popular with families due to their proximity to elementary schools and family-friendly amenities. The district consistently ranks among Wisconsin's top performers.
Related: best schools Waunakee WI, Waunakee school district ratings, family friendly neighborhoods Waunakee
For Home Sellers in Waunakee, WI
Is Waunakee still a seller's market?
Waunakee is moving toward a balanced market. Sellers still have an advantage in the $400K–$699K range, but higher-priced homes now face more competition. With buyers having more options, pricing strategy and presentation — including staging and professional photography — are key to securing top dollar.
Related: Waunakee seller's market, sell my house Waunakee, Waunakee housing inventory
What should sellers do to prepare their Waunakee home for sale this fall and winter?
Focus on curb appeal, clean interiors, and light — open blinds, tidy up entryways, and keep the home bright for shorter daylight hours. Waunakee buyers notice details. Staging, professional photos, and decluttering help listings stand out, especially as more homes come online before the holidays.
Related: prepare home for sale Waunakee, staging tips Waunakee real estate, Waunakee home selling checklist
How much are property taxes in Waunakee WI?
Waunakee property tax rates vary by specific location but typically range from $25-$30 per $1,000 of assessed value. For a home valued at $599,500, annual property taxes would be approximately $15,000-$18,000. This includes school district, county, and municipal taxes.
Related: Waunakee property taxes, Wisconsin property tax rates, Dane County taxes
How long does it take to sell a home in Waunakee?
Median time to accepted offer is about 10 days. If you're not seeing strong activity by weekend two, recalibrate pricing or condition. Best-in-class prep and competitive pricing win attention fastest in this market.
What are the costs of selling a home in Waunakee?
Budget 6–10% of sale price for total selling costs (brokerage, title/transfer, minor repairs, staging). Many sellers qualify for primary residence tax exclusions—consult your tax professional. In this balanced market, clean, flexible terms can reduce concessions and protect your net.
People Also Ask About Waunakee
Is Waunakee WI a good place to raise a family?
Yes, Waunakee is consistently ranked as one of Wisconsin's best places to raise a family. The community offers top-rated schools, low crime rates, abundant parks and recreation, strong community events, and convenient access to Madison employment centers while maintaining a small-town feel.
Related: best place to raise family Wisconsin, Waunakee community, Waunakee quality of life