Dane County condo prices decreased in the month of March, while both new listings and accepted offers increased. Here's our comprehensive view of the March Madison area condo market. Note: All of our data is sourced from the South Central Wisconsin MLS. 

Do you have questions? Reach out to one of our full-time condo specialists. 

Dane County condo prices 

March Madison area condo prices

• The price per square foot was $228, down 4 percent from $237 in March of 2025. 
• The median price decreased from $319,000 in March of 2025 to $310,000 in March of 2026, down 3 percent. 
• The average price decreased from $355,068 to $339,065, down 5 percent. 

Year-to-date condo prices through March

• The price per square foot decreased from $228 in 2025 to $222 in 2026, down 3 percent. 
• The median price decreased from $318,250 to $300,000, down 6 percent. 
• The average price decreased from $346,365 to $327,902, down 5 percent.  

* A note about condo prices in early 2026 

Some condos continue to sell very quickly this year and for record-high prices within their association. Conversely, some condos are slower to sell and for lower prices.

One big reason for this is this year's buyers are especially focused on value. This year, buyers are more hesitant to take on deferred maintenance and deferred updates -- and large special assessments -- leading to some condos taking longer to sell and for lower prices. 

If you're planning to buy or sell a condo in 2026, we encourage you to reach out to one of our condominium experts. We'll help you make all of the right decisions and map out a good plan for all of your condo goals. 

New condo listings

A total of 189 Madison area condos were listed for sale in March, up 24 percent from the 152 listings in March of 2025. Condo listings have increased each month this year and are up 12 percent for the quarter. Condo inventory (ie months of supply) continues to grow in Dane County -- which we cover later in this report. 

Accepted offers

A total of 165 Madison area condos went under contract in the month of March, up 4 percent from the 159 accepted offers in March of 2025. Year-to-date, accepted offers are up 5 percent through the first quarter. 

Check in again for the rest of condo trends report, coming soon...