Madison Housing Starts Rebound 12 %
Madison Housing Market: 2026 Snapshot Volatility is giving way to a tighter, more disciplined Madison housing market heading into 2026. Region-wide, new construction is still running below the Dane County target, with only 5,477 permits issued county-wide in 2024 versus a 7,000-unit annual goal. Average home values are about $417,296, with alternative estimates near $429,229. Zillow reported a $405,550 median sale price in September 2025. Forecast appreciation for 2026 runs 3 to 5 percent, while Dane County condos are expected to gain 2 to 4 percent. Inventory remains thin at 1.3 to 1.5 months of supply, though listings have been rising. Homes go pending in 8 to 18 days. About 43.3 percent sold above list in September 2025. As mortgage trends stabilize, buyer demographics are shifting toward rate sensitive move up households and capitalized repeat buyers. Nationally, NAR expects mortgage rates to average about 6.25% by the end of 2026, which could further support market activity. Own...