Dane County home prices edged higher for 2 of our 3 measures in December, as accepted offers decreased and new listings increased. Here's our latest update on the Madison area single family home market. 

Note all of our statistics are sourced from the South Central Wisconsin MLS database. 

Dane County home prices 

December Madison area home prices

• The price per square foot increased from $242 in December of 2024 to $243 in December of 2025, up 1 percent. 
• The median price increased from $441,250 to $457,450, up 4 percent.  
• The average price edged lower from $519,587 to $517,599, down by four-tenths of a percent. 

Year-to-date home prices through December

• The price per square foot grew from $241 in 2024 to $251 in 2025, an increase of 4 percent. 
• The median price moved higher from $475,000 to $480,000 -- up 2 percent.
• The average price grew from $534,865 to $560,303, an increase of 5 percent. 

Where will Madison area home prices go in 2026? 

We're predicting Dane County home prices to grow by 3 to 5 percent in 2026 with inventory and sales rising moderately, too. Check out this recent post for all of our 2026 real estate predictions.

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