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February Dane County Housing Market

Monday, March 2, 2026   /   by Ryan Huemmer

February Dane County Housing Market

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Dane County Housing Market Update – February 2026
 
Here’s what’s happening in our local real estate market and what it means for buyers and sellers right now
 
Year-Over-Year Market Changes (Feb 2026 vs Feb 2025)
Average Home Price:
$479,145 from $498,919
? 3.97% year over year
→ Prices have adjusted slightly, creating opportunity for buyers while still holding strong long-term value.
 
Homes Sold:
336 homes from 375
? 10.4% year over year
→ Fewer closings reflect continued inventory and affordability challenges.
 
New Listings:
631 listings from 673
? 6.2% year over year
→ Inventory remains tight, keeping competition alive for well-priced homes.
 
Days on Market (DOM):
53 days from 40
? 32.5% year over year
→ Homes are taking longer to sell, signaling a more balanced and strategic market.
 
30-Year Fixed Rate (National Avg):
5.75% - improved borrowing power compared to last year’s higher rate environment.
 
Market Summary
 
The Dane County market is shifting toward balance. Prices have softened slightly, homes are taking longer to sell, and buyer activity is becoming more selective. Lower mortgage rates are improving affordability, which is expected to bring more buyers back into the market this spring.
 
Sellers: Strategy, pricing, and marketing matter more than ever.
Buyers: Late February has showed increased activity with rates falling.
 
Work with The Huemmer Home Team, your local experts with over 2,100 successful home sales and proven systems to help you win in any market.
 
Curious what your home is worth or thinking about buying this year? Let’s talk.

The Huemmer Home Team
LPT Realty
theteam@thhtrealty.com
608-279-5424 (call or text)




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