Madison area single family home trends for July, 2026

Dane County home prices were mixed in July, as new listings, accepted offers, and home sales all increased. Here's our in depth review of the Madison area single family home market for July, 2026. Note: All of our data is sourced directly from the South Central Wisconsin MLS. Dane County home prices July Madison area home prices The price per square foot decreased from $267 in July of 2025 to $257 in July of 2026, down 4 percent. The average price decreased from $604,755 to $594,449, down 2 percent. The median price increased from $505,000 to $514,900, up 2 percent. Year-to-date prices through the month of July The Dane County price per square foot increased from $254 through July of 2025 to $258 through July of 2026, up 1.5 percent. The average price increased from $565,674 to $585,358, up 3 percent. The median price increased from $480,000 to $503,500, up 5 percent. A few comments about home prices this summer The well-presented and properly priced homes continue to sell quickly and for record-high prices in 2026. At the same time, buyers are more discerning this year -- and they're more sensitive to higher mortgage rates and the costs of ownership. Homes that are priced too aggr...