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Wi | Madison WI Area Top Real Estate Team Blog

Wednesday, August 12, 2026   /   by Ryan Huemmer

Monona, WI 2026 Home Sales Report: What 49 Closed Sales Tell Us About the Market

The Monona real estate market has stayed competitive through 2026, and the closed-sale data proves it. Across the City of Monona in Dane County, 49 single-family homes sold and closed in 2026, with a median sold price of $472,000 and homes trading hands in a median of just six days on market. If you are a homeowner thinking about selling, or a buyer trying to understand what it actually takes to win in this lakeside community, this report breaks down the numbers that matter most.
How Much Are Homes Selling For in Monona in 2026?
The median sold price for a single-family home in Monona in 2026 is $472,000, and the average sold price is $530,010. That gap between median and average is normal for Monona, where a handful of high-end lake-influenced and new-construction sales pull the average upward while the median gives a truer picture of the typical home. Prices ranged widely across the year, from a low of $245,000 to a high of $1,500,000, which reflects the real mix of housing in Mono. ...

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Friday, August 7, 2026   /   by Ryan Huemmer

New Fannie Mae and Freddie Mac Condo Rules: What Dane County Condo Buyers and Sellers Need to Know

If you're buying, selling, or already own a condo in the Madison area, new lending rules that took effect August 3, 2026 are about to change how that mortgage gets approved. Fannie Mae and Freddie Mac, which guarantee roughly 70% of the mortgages originated in the U.S., have eliminated the "shortcut" review process that many condo buildings used to qualify for financing. Here's what changed, why, and what it means for you.
 

What Changed on August 3
For years, condo projects that looked low-risk could qualify for a "Limited Review" (Fannie Mae) or "Streamlined Review" (Freddie Mac) a faster, lighter-documentation path to loan approval. Roughly 40% of condo mortgage purchases relied on this streamlined pathway.
That option is now gone for most buildings. Unless a project qualifies for a waiver, every condo mortgage now has to go through a "Full Review," which means lenders must dig into:
The condo association's finances
Reserve fund balances
Insurance coverage
The physica ...

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Sunday, August 2, 2026   /   by Ryan Huemmer

July Dane County Housing Market

Is the Dane County housing market cooling off in 2026?
No. The Dane County housing market held steady in July 2026, with prices near last year's levels, homes still selling in about three and a half weeks, and sellers continuing to close at nearly full asking price. Across single-family homes, condos, and multi-family properties, the average sale price landed at $555,479 and the median sale price reached $485,000. Compared to July 2025, this is a market defined by stability rather than any sharp swing in either direction, and for buyers and sellers in the Madison area that steadiness is good news.
What are July 2026 home prices in Dane County?
The average sale price across all property types in Dane County was $555,479 in July 2026, down less than one percent from $559,363 in July 2025. The more telling number for most homeowners is the median, which climbed to $485,000 from $470,000 a year earlier, a 3.2 percent year-over-year gain. The average dip and the median rise together te) ...

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Sunday, August 2, 2026   /   by Ryan Huemmer

Dane County WI Homes Sold from $400K to $600K: July 2026 vs. July 2025

Dane County WI Homes Sold from $400K to $600K: July 2026 vs. July 2025 Market Report
Quick answer: In July 2026, 259 single-family homes priced between $400,000 and $600,000 closed across Dane County, Wisconsin, up 13.6% from the 228 that closed in July 2025. The median sold price rose to $481,000 (a 2.3% year-over-year gain), homes still went under contract in a median of just 8 days, and 70% of them sold at or above list price. For move-up buyers and sellers in this price band, the mid-market stayed active and competitive heading into late summer.
How many homes sold in the $400K to $600K range in Dane County this July?
Closed sales in this price band jumped from 228 in July 2025 to 259 in July 2026. That is a 13.6% year-over-year increase in transaction volume, and it is the headline number for buyers and sellers watching this segment. More closings means more inventory changing hands, but as the pace numbers below show, it did not translate into a slower or softer market. If any. ...

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Saturday, August 1, 2026   /   by Ryan Huemmer

August Home Maintenance Checklist

What home maintenance should you do in August in Wisconsin?
In August, Wisconsin homeowners should focus on servicing the HVAC system, sealing the home's exterior, inspecting the roof and gutters, checking the sump pump, and finishing outdoor projects while the weather still cooperates. August is the last stretch of reliable warmth in South Central Wisconsin, which makes it the smartest month of the year to prepare your home for the cold season ahead. At The Huemmer Home Team, we work with homeowners across Cottage Grove, Sun Prairie, and the greater Madison area, and the pattern we see every year is the same: the homes that get attention in August are the ones that sail through winter without expensive surprises.
Below is a practical, paragraph-by-paragraph walkthrough of what deserves your time this month and why it matters specifically for our Wisconsin climate.
Service your air conditioning and get ahead on the furnace
Late-summer heat and humidity put your air conditioner une ...

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