Dane County, Wisconsin Housing Market

In Dane County, Wisconsin, the median home value is $394,800, with a median monthly rent of $1,398. This places Dane County at #298 nationally out of 3134 counties by median home value, and #2 within Wisconsin.

Median Home Value $394,800
Median Rent $1,398/mo
Owner Occupancy 57.1%
Price/Rent Ratio 23.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Dane County rose +4.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

279,473
jobs (private sector)
  • Avg weekly wage: $1,478
  • Establishments: 18,062
  • BLS QCEW, 2025
🏗️

Housing Supply

6,629
new units authorized (2025)
  • Single-family: 1,437
  • Multi-family: 5,192
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5988
net migration (filers, 2021-2022)
  • Inflow: 247,779 (avg $114,023)
  • Outflow: 241,791 (avg $115,211)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Dane County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 53726 313.6 +7.35% 2025
2 53507 251.2 -2.13% 2025
3 53515 254.5 +8.96% 2025
4 53715 323.5 -4.58% 2025
5 53560 257.2 +1.39% 2025
6 53713 296.5 +9.83% 2025
7 53529 275.7 +4.01% 2025
8 53508 272.5 +8.31% 2025
9 53594 246.5 +0.34% 2025
10 53703 354.3 -1.31% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Dane County Compares

MetricDane CountyWisconsin AverageU.S. Average
Median Home Value $394,800 $234,086 $227,706
Median Gross Rent $1,398 $915 $968
Owner Occupancy Rate 57.1% 75.9% 73.3%
Price/Rent Ratio 23.5 21.2 18.7

Market Analysis

The median home value in Dane County is 68.7% above the Wisconsin state average and 73.4% above the U.S. national average. The median rent of $1,398/month is 52.8% above the state average.

With a price-to-rent ratio of 23.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Dane County has an owner-occupancy rate of 57.1%, compared to 75.9% in Wisconsin and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Greene County Georgia $394,800 $924
Wallowa County Oregon $394,800 $981
Sheridan County Wyoming $394,900 $939
Grand Isle County Vermont $394,100 $1,425
York County Maine $395,700 $1,339

Other Counties in Wisconsin

CountyMedian Home ValueMedian RentOwner Occ.
Waukesha County $398,200 $1,356 76.0%
Ozaukee County $390,200 $1,154 72.9%
St. Croix County $377,700 $1,271 78.3%
Washington County $344,800 $1,153 78.1%
Door County $342,600 $1,086 78.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).