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Saturday, November 2, 2024

Median home prices in Stoughton rose to $242,000 in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Stoughton rose by $7,600 while total sales increased by 8.4%, according to BlockShopper.com.

From July through December of 2020, there were 206 homes sold, with a median sale price of $242,000 - a 3.2% increase over the $234,400 median sale price for the same period of the previous year. There were 190 homes sold in Stoughton in the second half of 2019.

The median sales tax in Stoughton for 2020 was $4,519. In 2019, the median sales tax was $4,485. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Stoughton to other Dane County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Cambridge38372.7%$285,750$175,00063.3%
Madison3,3433,1476.2%$282,000$265,6006.2%
Mount Horeb1201190.8%$281,250$255,00010.3%
Cross Plains443718.9%$260,000$255,0002%
Brooklyn16156.7%$252,450$275,000-8.2%
Stoughton2061908.4%$242,000$234,4003.2%
Marshall735435.2%$239,500$219,9508.9%
Dane1516-6.3%$230,570$310,000-25.6%
Belleville7625204%$230,000$186,90023.1%
Deerfield48464.3%$221,500$217,7501.7%
Black Earth483923.1%$220,000$174,00026.4%

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