Waunakee Wisconsin Real Estate Market Update
August 2025 market insights, pricing trends, and statistics for Waunakee
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🎯 Waunakee Market Insight:
Waunakee remains in seller's market territory in August 2025 with 3.31 months of inventory (under 6 months). Despite a modest 1.7% decrease in median prices, the market dynamics heavily favor sellers with homes moving in just 12 days. The combination of Waunakee's premium location near Madison, #12 ranked school district, and continued inventory shortage keeps this one of Wisconsin's most competitive markets. The slight price softening reflects broader market normalization, not weakness in local fundamentals.
📊 August 2025 Waunakee Market Data Breakdown
| Metric | Waunakee Value | YoY Change |
|---|---|---|
| Total Sales Volume | 34 homes | 0% (same as 2024) |
| Median Sale Price | $590,000 | ↓ 1.7% |
| Average Sale Price | $893,907 | ↑ 25.8% |
| Days on Market (Median) | 12 days | 5 days faster |
| Price per Square Foot | $267 | ↑ 8.7% |
| Months of Supply | 3.31 months | Seller's market |
| New Listings | 44 homes | ↓ 10.2% |
| Pending Sales | 28 homes | ↓ 3.4% |
| Sale-to-List Ratio | -1.37% | Homes under list |
📈 What This Means for Waunakee
🏠 For Buyers
While inventory has increased, it's still a seller's market with under 6 months supply. You have more choices than peak years, but quality homes still move quickly. Budget for competitive offers and be ready to act fast on desirable properties.
💰 For Sellers
Still a seller's market! Quality homes in desirable neighborhoods command premium prices. Your biggest advantage is the quick sale timeframe (12 days) and strong buyer demand, especially for move-in ready properties.
🎯 Market Outlook
Waunakee's fundamentals remain strong: top-ranked schools (#12 statewide), proximity to Madison's job market, and limited developable land. The slight price moderation creates opportunities for both buyers and sellers to transact in a more sustainable market environment.
❓ Frequently Asked Questions about Waunakee Real Estate
Will home prices continue to drop in Waunakee?
The slight 1.7% decrease in median prices reflects market normalization rather than a crash. High-quality homes in desirable neighborhoods like Waunakee typically maintain value due to location, top-ranked schools (#12 statewide), and limited supply. Strong fundamentals support long-term value appreciation.
Is now a good time to buy in Waunakee?
With only 12 days on market and 3.31 months of inventory, it's still a seller's market but with more choices than peak years. Interest rates, personal financial readiness, and long-term housing goals should guide your decision. Quality homes move quickly.
How much is my house worth in Waunakee?
Median sale price is $590k, but your home's value depends on location within Waunakee, condition, size, and unique features. Average price per square foot is $267. Premium neighborhoods and move-in ready homes command higher prices. Contact us for a personalized CMA.
Should I wait to sell my home in Waunakee?
Quality homes are still selling quickly at 12 days on market in this seller's market. The key is proper pricing and presentation. While spring typically brings peak buyer activity, good homes sell year-round in Waunakee due to school district desirability and Madison area job opportunities.
What about VA loans and military benefits in Waunakee?
VA loans work excellently in Waunakee's market. Veterans benefit from 0% down, no PMI, and homes typically appraise well due to strong market fundamentals. Our Homes for Heroes program provides additional $4,000+ closing cost savings. Military families love Waunakee for schools and Madison area job opportunities.
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