Dane County condo prices decreased in the month of March, while both new listings and accepted offers increased. Here's our deep dive into the March Madison area condo market. Note: All of our data is sourced from the South Central Wisconsin MLS. 

Do you have questions about buying or selling your Madison area condo? Reach out to one of our full-time condo specialists. 

Dane County condo prices 

March Madison area condo prices

• The price per square foot was $228, down 4 percent from $237 in March of 2025. 
• The median price decreased from $319,000 in March of 2025 to $310,000 in March of 2026, down 3 percent. 
• The average price decreased from $355,068 to $339,065, down 5 percent. 

Year-to-date condo prices through March

Dane County home prices increased for all three of our measures in March, as new listings increased and accepted offers decreased. Here's our latest update on the Madison area single family home market. 

Note: All of our data is sourced from the South Central Wisconsin MLS. 

Dane County home prices

March Madison area home prices

• The price per square foot increased from $250 in March of 2025 to $258 in March of 2026, up 3 percent. 
• The median price increased from $464,000 to $499,000, up 8 percent. 
• The average price decreased from $522,187 to $574,264, up 10 percent. 

Year-to-date prices through the month of March

• The Dane County price per square foot increased from $245 through March of 2025 to $253 through March of

New MLS listings increased for both homes and condos last month. Here's a quick review of Dane County listing activity for the month of March, 2026. 

Dane County single family homes 

A total of 588 Dane County single family homes were listed for sale in March, up 5 percent from the 562 homes listed for sale in March of 2025. This was welcome news for buyers after listings decreased in both January and February. 

Dane County condos

Condo listings increased for the third straight month. A total of 183 Madison area condos were listed for sale in March, up 20 percent from the 152 condos in March of 2025. 

More market updates coming soon

Check in with our blog soon for more updates on the March Madison area real estate market. You

We're in the thick of the spring season, which means we've officially entered the most active time of year for the Madison area real estate market. Reach out to us with your questions about buying, selling, or investing in 2026. We're here to help. 

(CamRock County Park in Cambridge) 

Expectations for buyers this April

Buyers will notice a large increase in properties entering the market. But along with having more opportunities to purchase, buyers will also experience heavy competition from other buyers. Competing offers will be at their peak in April. Many listings will sell quickly and with multiple offers, so buyers should act immediately and be prepared to write their best offer when a promising home becomes available. 

Expectations

Here's some quick insight into the area’s most competitive real estate markets, based on our review of 2025 transaction data. 

Competition by community

This may come as a surprise to some, but the village of Shorewood Hills and the city of Monona stand out as the two communities with the highest percentage of competing offers. For both communities, well over 40% of all home sales involved multiple offers in 2025. 

Competition by price range

Across Dane County communities, homes priced under $400,000 receive the highest percentage of competing offers. Well over 35% of all sub-$400k listings received multiple offers in 2025. 

Insights and tips for Madison area buyers in 2026

#1) New construction homes tend to have a much

Dane County condo prices were mixed in February, while both new listings and accepted offers increased. Here's our deep dive into the February 2026 condo market. 

Note: All of our data is sourced from the South Central Wisconsin MLS. 

Dane County condo prices 

February Madison area condo prices

• The price per square foot was $218, the same as in February of 2025. 
• The median price decreased from $307,500 in February of 2025 to $293,900 in February of 2026, down 4 percent. 
• The average price decreased from $333,647 to $318,271, down 5 percent. 

Year-to-date condo prices through February

• The price per square foot decreased from $221 in 2025 to $216 in 2026, down 2 percent. 
• The median price decreased from $310,000 to

Dane County home prices increased for one out three measures in February, as new listings decreased and accepted offers increased. Here's our latest update on the Madison area single family home market. 

Note: all of our data is sourced from the South Central Wisconsin MLS. 

Dane County home prices

February Madison area home prices

• The price per square foot decreased from $251 in February of 2025 to $246 in February of 2026, down 2 percent. 
• The median price increased from $474,900 to $480,000, up 1 percent. 
• The average price decreased from $547,847 to $534,807, down 2 percent. 

Year-to-date prices through the month of February

• The price per square foot increased from $242 through February of 2025 to $249 through

New MLS listings were mixed last month. Here's a quick review of Dane County listing activity for the month of February, 2026. 

Dane County single family homes 

A total of 466 Dane County single family homes were listed for sale on the MLS in February, down 3 percent from the 482 homes listed for sale in February of 2025. Note from the chart below that single family home listings through the first two months of this year are running 5 percent lower than the number of listings through the first two months of last year. 

Dane County condos

A total of 150 Madison area condos were listed for sale in February, up 3 percent from the 145 condos in February of 2025. Through the first two months of the year, condo listings are running 4 percent

We're approaching the spring market here in the Madison area, which means the pace of the market will quicken for both buyers and sellers. Reach out to us with any questions you may have. We're here to help. 

Expectations for buyers this March

Buyers will notice a nice increase in new listings. But along with enjoying more opportunities to purchase, buyers will also experience a noticeable increase in competition from other buyers. Many listings will sell quickly and with multiple offers this spring, so buyers should act quickly and be prepared to write a competitive offer when a promising home becomes available. 

Expectations for sellers

Sellers will experience ideal market conditions as we approach the month of March. Buyer traffic and

If you've spent any amount of time on our blog, you may have noticed that we track the Dane County home and condo markets separately. Although both markets share some common themes, they do differ in a few key ways: 

• Home prices are typically much higher than condo prices 
• Supply levels (months of inventory) tend to run a little higher in the condo market
• Each market tends to appeal to a different kind of buyer 

Publishing two separate reports requires more effort on our part, but our monthly routine keeps us sharp and always ready to serve you with solid market insight.