From January through June of 2018, there were 20 homes sold, with a median sale price of $144,750 - a 14% decrease over the $168,400 median sale price for the same period of the previous year. There were 19 homes sold in Cambridge in the first half of 2017.
The median sales tax in Cambridge for 2018 was $3,504. In 2017, the median sales tax was $3,603. This marks an decrease of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Cambridge to other Dane County cities with similar median sale prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mount Horeb | 118 | 112 | 5.4% | $231,750 | $225,000 | 3% |
Cross Plains | 37 | 48 | -22.9% | $230,400 | $238,650 | -3.5% |
Deerfield | 35 | 41 | -14.6% | $210,000 | $160,000 | 31.3% |
Stoughton | 207 | 196 | 5.6% | $190,000 | $184,200 | 3.1% |
Brooklyn | 13 | 16 | -18.8% | $190,000 | $191,200 | -0.6% |
Black Earth | 25 | 24 | 4.2% | $180,000 | $171,000 | 5.3% |
Belleville | 28 | 24 | 16.7% | $170,750 | $149,950 | 13.9% |
Marshall | 43 | 45 | -4.4% | $168,700 | $187,000 | -9.8% |
Dane | 17 | 16 | 6.3% | $164,600 | $263,550 | -37.5% |
Mazomanie | 24 | 31 | -22.6% | $157,700 | $169,500 | -7% |
Cambridge | 20 | 19 | 5.3% | $144,750 | $168,400 | -14% |