Dane County home prices edge higher in August

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Dane County home prices continued to move higher in the month of August, and by all measures. Here's our latest single family home update for the Greater Madison area. 

Home prices

The price per square foot increased from $210 in August of 2022 to $220 in August of 2023, an increase of 5 percent. The median price increased by 1 percent, while the average price increased by 4 percent. 

Through the first 8 months of the year, prices were also up by every measure:

  • The price per square foot was up by 5 percent. 
  • The median was up by 5 percent. 
  • And the average was up by 7 percent. 

Stay tuned for the rest of our market update, coming real soon...