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Saturday, November 2, 2024

Pricing for the median home in Brooklyn increased during the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Brooklyn rose by $53,450 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2020, there were 14 homes sold, with a median sale price of $258,450 - a 26.1% increase over the $205,000 median sale price for the same period of the previous year. There were seven homes sold in Brooklyn in the first half of 2019.

The median sales tax in Brooklyn for 2020 was $4,976. In 2019, the median sales tax was $4,672. This marks an increase of 6.5%. 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 Brooklyn to other Dane County cities with similar median sale prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Fitchburg312347-10.1%$280,550$300,000-6.5%
Cross Plains4147-12.8%$270,000$233,50015.6%
Mount Horeb9496-2.1%$266,150$250,0006.5%
Sun Prairie4634258.9%$265,800$257,5003.2%
Oregon16113023.8%$263,755$231,00014.2%
Brooklyn147100%$258,450$205,00026.1%
Stoughton128179-28.5%$242,950$217,30011.8%
Deerfield3640-10%$223,500$180,50023.8%
Mazomanie292611.5%$219,500$190,95015%
Cambridge26248.3%$206,500$169,57521.8%
Dane231553.3%$195,000$280,400-30.5%

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