Dane County condo prices were lower for 2 out of 3 measures in August, as inventory continued to grow. Here's our transparent view of the August Madison area condo market, along with our year-to-date review of the first 8 months of the year.
Note all of our statistics are sourced from the South Central Wisconsin MLS database.
Dane County condo prices
August Dane County condo prices
- The price per square foot increased from $229 in August of 2024 to $230 in August of 2025, up 1 percent.
- The median price decreased from $321,250 to $317,250, down 1 percent.
- The average price decreased from $372,564 to $360,878, down 3 percent.
Year-to-date condo prices through August
- The price per square foot grew from $228 in the first 8 months of 2024 to $236 in the first 8 months of 2025, an increase of 3 percent.
- The year-to-date median price grew from $307,000 to $328,900, up 7 percent.
- The year-to-date average price grew from $342,261 to $368,399, an increase of 8 percent.
Some notes on prices
Notice from the graph above that the condo price per square foot in 2025 (the orange line) has been tracking closely these last 3 months with the price per square foot in 2024 (the black line). As inventory has been growing here in Madison and Dane County, the growth in prices has been moderating. Here's more perspective on some of the recent trends we've been observing in the Madison area real estate market.
Stay tuned for the rest of our condo market update, coming real soon...
This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & Realty Executives Cooper Spransy
1619 Monroe Street #1, Madison, WI, 53711
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