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Saturday, November 2, 2024

Falling home prices in Maple Bluff in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Maple Bluff fell by $175,010 while total sales decreased by 36.4%, according to BlockShopper.com.

From January through June of 2020, there were 21 homes sold, with a median sale price of $520,990 - a 25.1% decrease over the $696,000 median sale price for the same period of the previous year. There were 33 homes sold in Maple Bluff in the first half of 2019.

The median sales tax in Maple Bluff for 2020 was $12,004. In 2019, the median sales tax was $10,666. This marks an increase of 12.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Maple Bluff 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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