Is Black Earth, WI 53515 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Black Earth is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$218▲ +13.6% vs. last year

The Black Earth housing market right now

In the three months ending August 31, 2026, 25% of homes in Black Earth, WI 53515 sold above their list price, the typical home went under contract in 60 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (39 days then) and the median sale price fell 14% to $354,846. Overall, Black Earth is more competitive than a year ago, so tougher for buyers.

Within Dane County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell less often over asking than in 94%.

Nearby, buyers who want less competition could look at Blue Mounds 53517 (0% sold over asking) or Cross Plains 53528 (21% sold over asking), while Dane 53529 (67% sold over asking) and Madison 53715 (63% sold over asking) are even more competitive.

Nearby markets

Belleville 53508Seller’s market $230 /sq ftBlue Mounds 53517Buyer’s market $193 /sq ftCambridge 53523Buyer’s market $219 /sq ftCottage Grove 53527Seller’s market $238 /sq ft Browse all markets →

Where Black Earth is

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Questions about Black Earth real estate

Is Black Earth a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Black Earth, WI 53515 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Black Earth?

The typical home went under contract in 60 days in the latest three months.

Do homes in Black Earth sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Black Earth?

About 1.63% of a home’s value a year in Dane County, or roughly $6,520 on a $400,000 home.

What is the median home price in Black Earth?

The median sale price was $354,846 in the three months ending August 31, 2026, about $218 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology