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Tuesday, November 5, 2024

What happened to the median home price in Cross Plains during the first half of 2018?

Realestate077

The median sale price of a home sold in the first half of 2018 in Cross Plains fell by $8,250 while total sales decreased by 22.9%, according to BlockShopper.com.

From January through June of 2018, there were 37 homes sold, with a median sale price of $230,400 - a 3.5% decrease over the $238,650 median sale price for the same period of the previous year. There were 48 homes sold in Cross Plains in the first half of 2017.

The median sales tax in Cross Plains for 2018 was $4,748. In 2017, the median sales tax was $4,899. This marks an decrease of 3.1%. 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 Cross Plains to other Dane County cities with similar median sale prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Cottage Grove906734.3%$252,500$248,0001.8%
Madison2,9293,016-2.9%$247,900$230,642.507.5%
Windsor1641611.9%$247,500$237,0004.4%
Sun Prairie447466-4.1%$240,000$219,9509.1%
Mount Horeb1181125.4%$231,750$225,0003%
Cross Plains3748-22.9%$230,400$238,650-3.5%
Deerfield3541-14.6%$210,000$160,00031.3%
Stoughton2071965.6%$190,000$184,2003.1%
Brooklyn1316-18.8%$190,000$191,200-0.6%
Black Earth25244.2%$180,000$171,0005.3%
Belleville282416.7%$170,750$149,95013.9%

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