Dane County condo prices were mixed in October, indicating that the growth in local condo prices may be adjusting to a more moderate pace. Here's our transparent view of the October Madison area condo market, along with our year-to-date review of the first 10 months of the year.
Note all of our statistics are sourced from the South Central Wisconsin MLS database.
Dane County condo prices
October Dane County condo prices
- The price per square foot increased from $221 in October of 2024 to $228 in October of 2025, up 3 percent.
- The median price decreased from $303,000 to $300,000, down 1 percent.
- The average price decreased from $362,949 to $350,269, down 3 percent.
Year-to-date condo prices through October
- The price per square foot grew from $228 in the first 10 months of 2024 to $235 in the first 10 months of 2025, an increase of 3 percent.
- The year-to-date median price grew from $308,250 to $325,000, up 5 percent.
- The year-to-date average price grew from $346,416 to $366,626, an increase of 6 percent.
Some notes on prices
Notice from the chart above that the condo price per square foot in 2025 (the orange line) has been tracking closely with 2024 price per square foot (the black line) over the last 5 months. As inventory has been improving here in Madison and Dane County, the growth in local condo prices appears to be moderating. Because of this, we do expect condo prices to grow at a more subdued pace in 2026. Stay tuned for our 2026 year real estate predictions, which we'll be publishing later this month.