Housing market statistics for Dane County, Wisconsin.
August home sales in Dane County continue to surge due to record low mortgage interest rates and an inventory shortage. Dane County's median home price was $360,000 in August, which was up 10.80% from last August.
This chart shows increased median home values, month over month, for the previous 5 years. Dane County is showing super strong levels of appreciation with continued growth year over year too.
Dane County had 886 homes sold in August which was down from total homes sold last August of 896. A decrease of 1.11% compared to last year.
As buyers continue to battle over limited listings in Dane County, home prices continue to soar. Median home prices went from $316,500 in January to $360,000 in August of 2021. We fully expect the demand to exceed the availability of homes the entire year. Which will result in rising prices throughout. The 30 yr fixed stayed around 2.75% over the last month. Many buyers are concerned about the market. Don't wait for a "dip" in the market. That "dip" isn't coming anytime soon. Cost of construction will remain higher as demand is significantly higher. Buy now and benefit from property appreciation and eliminate future increased cost of housing both as a renter and home prices.