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Saturday, November 2, 2024

What happened to the median home price in Verona 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 Verona rose by $19,488 while total sales decreased by 24.7%, according to BlockShopper.com.

From January through June of 2020, there were 128 homes sold, with a median sale price of $302,000 - a 6.9% increase over the $282,512 median sale price for the same period of the previous year. There were 170 homes sold in Verona in the first half of 2019.

The median sales tax in Verona for 2020 was $6,219. In 2019, the median sales tax was $5,719. This marks an increase of 8.7%. 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 Verona 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)
Shorewood Hills2439-38.5%$695,800$615,00013.1%
Maple Bluff2133-36.4%$520,990$696,000-25.1%
Waunakee174223-22%$388,177.50$330,00017.6%
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%

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