Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$467,783+2.8% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$101,406About 1.1× the local median income ($91,479): a stretch for a typical household
Days on market60 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.6%Zillow expects prices to rise slightly
The typical home in Dane County, WI is worth $467,783, up 2.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $408,820, so the area is 14.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 60 days to sell, listings are up 22% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 3.6% over the next year. A household needs about $101,406 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $91,479. Typical rent is $1,792 a month, or $2,822 for a house. In the latest IRS figures, 391 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$467,783
Change in 1 year
+2.8%
Overvalued %
+14.4%
Show 7 more
Fair home value
$408,820
Change in 5 years
+28.7%
Zillow forecast, next 12 months
+3.6%
Home value to income
5.1×
Monthly mortgage payment (20% down)
$2,535
Income needed to afford it
$101,406
Property tax rate
1.63%
Rent and investing
Typical rent
$1,792
Typical rent for houses
$2,822
Price-to-rent ratio
21.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,565
Gross rental yield
4.60%
Cap rate (estimate)
2.99%
Market activity
Listings vs a year ago
+22.2%
Days on market
60
Listings with a price cut
21.4%
Show 3 more
Homes for sale
1,205
Pending sales per 100 listings
49
Asking price per sq ft
$243
People and jobs
Median household income
$91,479
Population change (1 year)
+0.7%
Unemployment rate
2.4%
Show 4 more
Population
590,375
Income adjusted for cost of living
$94,017
Net moves in (IRS)
+391
Cost of living (US = 100)
97.3
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
93.9
Unhealthy air days a year
6
Show 4 more
Flood risk score
94.3
Wildfire risk score
60.2
Walkability (1 to 20)
11.3
Road, rail and air noise
54 dB
Questions people ask
Is Dane County, WI overvalued?
Home prices in Dane County, WI are well above what local incomes have historically supported: fair value is about $408,820, so the area is 14.4% overvalued.
Is Dane County, WI a buyer's or seller's market?
Dane County, WI is a balanced market, leaning toward buyers: homes take about 60 days to sell, listings are up 22% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Dane County, WI?
Home values in Dane County, WI are up 2.8% over the last year. Zillow's forecast for the next 12 months is +3.6%.
How much do you need to earn to buy a home in Dane County, WI?
A household needs about $101,406 a year to afford the typical home in Dane County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $91,479.