Madison Area Property Values Rise In 2014, Where Will They Go In 2015?


Rising Property Values MadisonAccording to the Wisconsin Realtors Association statistics median house prices in the State of Wisconsin increased from $143,500 to $148,000 which is a 3% increase. In Dane County things were a slightly stronger with median prices rising 4% from $211,000 to $220,000. Statewide home values have increased year over year for 33 of the last 34 months.  I think it’s safe to say we are well into a housing recovery and approaching the typical slow and steady value increases that the Madison area has seen historically. Experts are forecasting another 4% increase in home values for 2015. I would tend to agree with that prediction, but only time will tell.





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