Housing market statistics for Dane County, Wisconsin.
February home sales in Dane County continue to surge due to record low mortgage interest rates and an inventory shortage. Dane County's median home price was $335,000 in February, which was up 12.61% from last February.
This chart shows increased median home values, month over month, for the previous 5 years. Dane County is showing super strong levels of appreciation with continued growth year over year too.
Dane County had 410 homes sold in February which was down 1% from last February.
As buyers continue to battle over limited listings in Dane County, home prices continue to soar. The spring market cannot come soon enough as new listings are needed badly. Though we fully expect the demand to exceed the availability of homes the entire year. The 30 yr fixed moved up slightly over the last month to 3.00%. Increasing speculation of mortgage rates being on the rise for 2021.