Madison area single family home update for August, 2024

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Here's our comprehensive update on the Dane County single family home market. All numbers are sourced from the South Central Wisconsin MLS.  

August 2024 home prices

Home prices continued to rise, and by all measures: 

  • The price per square foot rose from $222 in August of 2023 to $244 in August of 2024, an increase of 10 percent. 
  • The median price jumped from $430,000 to $470,000, an increase of 9 percent. 
  • The average price rose from $498,836 to $555,057, an increase of 11 percent. 

 

 

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