Madison area condo report for May, 2025

17 hours ago 4

Dane County condo prices continued to trend higher in May -- across all three of our measures. Here's our transparent look at the Madison area condo market for the month of May, 2025. 

Dane County condo prices

Madison WI condo prices May 2025

Three Dane County condo price statistics

  • The price per square foot grew from $225 in May of 2024 to $237 in May of 2025, an increase of 6 percent. 
  • The average price jumped from $344,513 to $383,712, an increase of 11 percent. 
  • The median price grew from $310,00 to $330,000, up 6 percent.  

** A quick note about prices: The condo market can experience large fluctuations in prices from one month to the next, due to the relatively low number of units sold each month. A few high-end or low-end sales can have a big impact and skew the numbers in one direction. For this reason it's important to focus more on price trends over time rather than the prices for an individual month. With this caveat in mind, Madison area condo prices have been trending higher in 2025. 

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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