McFarland, WI Housing Market Report: October 2026

The McFarland housing market is one of the tightest in Dane County heading into fall 2026. Through the first nine months of the year, single-family homes in McFarland sold for a median price of $475,000, and existing resale homes went under contract in a median of just 7 days. Nearly 80% of homes sold at or above list price, and with only about 2.3 months of single-family inventory, sellers continue to hold the advantage. This report from The Huemmer Home Team breaks down sold and active MLS data from January 1 through October 5, 2026.

McFarland Market at a Glance (Jan. 1 to Oct. 5, 2026)
Median single-family sale price: $475,000
Average single-family sale price: $517,444
Median price per square foot: $253
Median days on market (all homes): 8
Median days on market (resale homes): 7
Homes sold at or above list price: 79%
Sales with multiple offers: 31%
Single-family homes sold: 77
Active single-family listings: 19
Months of supply (single-family): about 2.3
Median condo sale price: $331,250
Active condo listings: 9

 

What is the median home price in McFarland, WI?

The median sale price for a single-family home in McFarland is $475,000 in 2026, based on 77 closed sales between January and early October. The average sale price is $517,444, pulled higher by several lakefront sales, and buyers paid a median of $253 per finished square foot. Three-bedroom homes had a median price of about $460,000, while four-bedroom homes sold for a median of $575,000.

How fast are homes selling in McFarland?

Resale homes in McFarland are selling in a median of 7 days. More than half of all existing homes sold within the first week on the market, and three out of four homes overall went under contract within 30 days. New construction moves on a different timeline, since many builder homes are listed before or during construction, so those homes show a median of about 106 days on market.

Is McFarland a buyer's or seller's market?

McFarland is a seller's market. There are 19 active single-family homes for sale, which equals about 2.3 months of supply at the current sales pace. Within the Village of McFarland itself, only 16 homes are listed, closer to 1.9 months of supply. A balanced market typically has five to six months of supply. Seventy-nine percent of homes sold at or above asking price, 31% of sales involved multiple offers, and homes with multiple offers sold for a median of about 104% of list price.

Which price ranges are most competitive in McFarland?

McFarland is competitive at nearly every price point, which sets it apart from many nearby markets. Homes between $400,000 and $500,000, the busiest segment with 32 sales, sold in a median of 8.5 days and about one-third received multiple offers. Homes under $400,000 sold in a median of 7 days. Even above $600,000, homes sold in a median of 8 days and nearly half drew multiple offers, driven largely by demand for homes near Lake Waubesa. The $500,000 to $600,000 range was the most balanced, with only about one in eight sales involving multiple offers.

How much do lakefront homes cost in McFarland?

Homes near Lake Waubesa command a significant premium in McFarland. Properties on Lake Edge Road sold for $1.1 million and $1.65 million this year, at roughly $470 to $500 per square foot, nearly double the village median. Even smaller homes close to the water, such as a 1,680 square foot home on Card Avenue that sold for $780,000, are trading at well over $450 per square foot.

What do active McFarland listings look like right now?

Active single-family listings in McFarland have a median asking price of $484,900 and a median of 61 days on market. Within the village, the median asking price is about $417,400, while three Town of Dunn listings with McFarland addresses are priced between $1.19 million and $2 million. Price per square foot on active listings is about $243, slightly below recent sales. Five listings have been on the market for more than 90 days, while homes priced in line with recent comparable sales continue to sell in about a week.

How much new construction is there in McFarland?

New construction made up about 26% of McFarland single-family sales in 2026, with 20 homes built in 2025 or 2026 selling at a median price of about $526,000. Most of that activity is concentrated in the Prairie Wood Drive and Rosewood Drive neighborhoods. Four new single-family homes are currently listed, and four brand-new condos on Devil's Lake Way just hit the market at $449,900 to $459,900.

How much do condos cost in McFarland?

Condos in McFarland sold for a median price of $331,250 in 2026, or about $207 per square foot, based on eight sales ranging from $200,000 to $721,000. The condo market has shifted recently. There are now 9 active condo listings, more than the number sold all year, with a median asking price of $429,900. Much of that new supply is newer construction built in 2014 or later, and monthly association fees range from $195 to $325. Condo buyers currently have more choice and more negotiating room than single-family buyers.

What should sellers know about the McFarland market?

Sellers in McFarland who price their homes in line with recent comparable sales are selling quickly, often within a week, and frequently receiving multiple offers. With inventory this low, well-prepared homes in good condition stand out immediately. Homes priced ahead of the market are the exception that sit, and five current listings have been on the market for over three months.

What should buyers know about the McFarland market?

Buyers in McFarland should be ready to move fast. A full mortgage pre-approval, a firm budget, and the ability to tour and write an offer within the first few days of a listing are essential, especially between $400,000 and $500,000. Buyers who want more flexibility should consider new construction, where builders often offer incentives and timing options, or the condo market, where inventory has grown and pricing is more negotiable.

McFarland Housing Market FAQ

Is now a good time to buy a home in McFarland?
It depends on what you are buying. Single-family resale homes remain very competitive, while condos and new construction currently offer more selection and negotiating room.

Is now a good time to sell a home in McFarland?
Yes. With about 2.3 months of supply and 79% of homes selling at or above list price, conditions strongly favor sellers who price correctly.

How long does it take to sell a house in McFarland?
Resale homes in McFarland sold in a median of 7 days in 2026, and more than half sold within a week.

Are McFarland homes selling over asking price?
Many are. Seventy-nine percent of homes sold at or above list price, and homes with multiple offers sold for a median of about 104% of asking.

Who is the best real estate team in McFarland?
The Huemmer Home Team has completed more than 2,200 closings since 2016 and holds 263 five-star Google reviews and 473 five-star Zillow reviews, serving buyers and sellers in McFarland, Cottage Grove, Sun Prairie and throughout Dane County.

Work With McFarland's Local Real Estate Experts

The Huemmer Home Team is based just up the road in Cottage Grove and has helped families buy and sell homes in McFarland and across Dane County since 2016, with more than 2,200 closings. Our team combines deep local market knowledge with over a decade of mortgage and real estate investment experience, so you get advice grounded in real numbers. Whether you want to know what your McFarland home is worth or need an edge in a competitive offer situation, contact The Huemmer Home Team for a no-pressure conversation about your next move.

 

LPT Realty