Quantcast

The Sconi

Tuesday, November 5, 2024

What happened to the median home price in Brooklyn during the second half of 2018?

Re 12

The median sale price of a home sold in the second half of 2018 in Brooklyn rose by $27,500 while total sales decreased by 28.6%, according to BlockShopper.com.

From July through December of 2018, there were 15 homes sold, with a median sale price of $205,000 - a 15.5% increase over the $177,500 median sale price for the same period of the previous year. There were 21 homes sold in Brooklyn in the second half of 2017.

The median sales tax in Brooklyn for 2018 was $4,335. In 2017, the median sales tax was $4,086. This marks an increase of 6.1%. 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 Brooklyn to other Dane County cities with similar median sale prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
DeForest175206-15%$248,500$236,0005.3%
Dane16160%$246,569$232,5006.1%
Cross Plains3942-7.1%$246,000$259,500-5.2%
Deerfield42412.4%$225,750$185,00022%
Marshall523836.8%$219,000$184,40018.8%
Stoughton24021511.6%$210,000$202,0004%
Brooklyn1521-28.6%$205,000$177,50015.5%
Mazomanie352259.1%$187,900$194,350-3.3%
Cambridge3040-25%$187,450$142,95031.1%
Belleville1629-44.8%$179,500$187,500-4.3%
Black Earth342821.4%$175,450$151,75015.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS