Dane County condo prices were mixed in November -- increasing for one of our measures and decreasing for two others. Here's our deep dive into the November Madison area condo market, along with our year-to-date review of the first 11 months of the year.
Note all of our statistics are sourced from the South Central Wisconsin MLS database.
Dane County condo prices
November Dane County condo prices
- The price per square foot decreased from $225 in November of 2024 to $207 in November of 2025, down 8 percent.
- The median price decreased from $308,000 to $297,500, down 3 percent.
- The average price increased from $345,065 to $351,337, up 2 percent.
Year-to-date condo prices through November
- The price per square foot grew from $228 in the first 11 months of 2024 to $233 in the first 11 months of 2025, an increase of 2 percent.
- The year-to-date median price grew from $308,000 to $325,000, up 6 percent.
- The year-to-date average price grew from $346,302 to $365,670, an increase of 6 percent.
Some notes on prices
The November prices are based on 74 closings, a low number of sales due to the time of year. It's not unusual in months with lower sales to see large swings in the price data. A few high-priced or low-priced sales can have a big impact on the numbers. For this reason, it's best to focus on the overall trend, rather than any individual month, when evaluating local prices.
We are forecasting Madison area condo prices to increase by 2 to 4 percent in the coming year. For more of our 2026 predictions, check out our recent blog post here.
New Dane County Condo listings
A total of 86 Madison area condos were listed for sale on the MLS in November, up 13 percent from 76 listings last year. Year-to-date, condo listings are up 3 percent from the first 11 months of 2024.