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Saturday, November 2, 2024

Cottage Grove home prices fell in the first half of 2020

Realestate5

The median sale price of a home sold in the first half of 2020 in Cottage Grove fell by $11,900 while total sales remained unchanged with 71 homes sold, according to BlockShopper.com.

From January through June of 2020, there were 71 homes sold, with a median sale price of $288,000 - a 4% decrease over the $299,900 median sale price for the same period of the previous year. There were 71 homes sold in Cottage Grove in the first half of 2019, as well.

The median sales tax in Cottage Grove for 2020 was $6,123. In 2019, the median sales tax was $6,050. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Cottage Grove 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)
Middleton2252240.4%$337,400$328,5002.7%
Windsor126135-6.7%$311,250$289,9007.4%
Verona128170-24.7%$302,000$282,5126.9%
DeForest162198-18.2%$299,950$241,75024.1%
McFarland1251149.6%$297,000$323,276.50-8.1%
Cottage Grove71710%$288,000$299,900-4%
Blue Mounds810-20%$287,500$229,65025.2%
Madison2,7762,7550.8%$283,900$262,0008.4%
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%

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