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Tuesday, November 5, 2024

Oregon home prices rose in the first half of 2018

Realestate4

The median sale price of a home sold in the first half of 2018 in Oregon rose by $29,600 while total sales decreased by 24.4%, according to BlockShopper.com.

From January through June of 2018, there were 149 homes sold, with a median sale price of $253,500 - a 13.2% increase over the $223,900 median sale price for the same period of the previous year. There were 197 homes sold in Oregon in the first half of 2017.

The median sales tax in Oregon for 2018 was $4,767. In 2017, the median sales tax was $4,607. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Oregon 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)
Blue Mounds1217-29.4%$307,500$178,00072.8%
Middleton24621415%$305,000$285,0007%
McFarland1261214.1%$286,592.50$270,0006.1%
Fitchburg36932413.9%$279,900$265,0005.6%
Verona1991885.9%$271,000$280,650-3.4%
Oregon149197-24.4%$253,500$223,90013.2%
DeForest176184-4.3%$253,000$220,70014.6%
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%

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