July Market Insights

July 15, 2026

The Dane County single-family housing market continues to reach new highs. In June, the median sale price climbed to $531,900, nearly a 6% increase from $500,000 in June 2025, setting another record for the county.

What does this mean for buyers and sellers?

For homeowners considering selling, it's welcome news. Strong demand and limited inventory continue to support excellent home values, giving many sellers the opportunity to maximize their return. Of course, every property is unique, and factors such as neighborhood, location, condition, and pricing strategy still play a significant role in determining a home's final sale price.

For buyers, however, affordability remains a challenge. Rising home prices continue to make entering the Dane County market more difficult, particularly for first-time buyers. In today's competitive environment, having an experienced real estate professional to help navigate pricing, negotiations, and market opportunities can make a meaningful difference.

Other indicators underscore the strength of the market. Homes spent a median of just 7 days on the market in June, and 661 single-family homes sold during the month, a 20% increase compared with June 2025.

Condominium Market

The condominium market tells a somewhat different story. While condo values have generally trended upward over the past several years, prices have remained relatively stable throughout 2026. The median condo sale price in June was $325,000, compared with $330,000 in June 2025, a modest year-over-year decline that reflects the pattern seen during the first half of the year.

Looking at the broader picture, median condo prices have generally ranged between $300,000 and $330,000 from 2024 through 2026, with only a few outlier months. Historically, condominium values have appreciated at a slower pace than single-family homes, and current market trends continue to reflect that pattern. For many buyers, however, condos remain one of the most affordable ways to enter the Dane County housing market. While they may not experience the same long-term appreciation as single-family homes, they can still provide an excellent opportunity to build equity while enjoying the benefits of homeownership.