Q1 2026 Dane County Market Report
Every quarter we pull the numbers straight from our local MLS and translate them into the takeaways that actually matter, whether you're thinking about selling, buying, or just keeping an eye on your home's value. Here's where the Dane County market stands at the close of Q1 2026.
At a Glance: Q1 2026 Highlights
Inventory is still tight. Single-family homes are sitting at roughly 1.4 months of supply and condos at 1.7 months, both well below the 6-month threshold that defines a balanced market.
Single-family home prices keep climbing. Average sale price for a Dane County single-family home rose to $559,068, up 5.9% year-over-year.
Condos cooled slightly. Average condo sale price dipped 5.3% to $327,902, even as new listings jumped 14.8%.
Sellers are still getting nearly full price. Sale-to-list ratio held at 99.4% for both single-family and condos.
Buyers are getting a tiny bit more breathing room. Days on market crept up modestly, especially for condos, where the median nearly doubled from 10 to 18 days year-over-year.
Closed sales held steady. Single-family closings rose 3.9% year-over-year despite essentially flat new listings. Demand absorbed the inventory that came on the market.
