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Madison Reporter

Thursday, November 21, 2024

Dane County home prices rose in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Dane County rose by $22,600 while total sales decreased by 24.1%.

From July through December of 2022, there were 4,952 homes sold, with a median sale price of $347,600 - a 7% increase over the $325,000 median sale price for the same period of the previous year. There were 6,527 homes sold in Dane County in the second half of 2021.

The median sales tax in Dane County for the most recent year with available data, 2021, was $5,863 approximately 1.7% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Dane County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$325000$325000$335000$335000$347600$347600

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