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Tuesday, November 5, 2024

The first half of 2018: Home prices in Verona fell

Realestate2

The median sale price of a home sold in the first half of 2018 in Verona fell by $9,650 while total sales increased by 5.9%, according to BlockShopper.com.

From January through June of 2018, there were 199 homes sold, with a median sale price of $271,000 - a 3.4% decrease over the $280,650 median sale price for the same period of the previous year. There were 188 homes sold in Verona in the first half of 2017.

The median sales tax in Verona for 2018 was $5,547. In 2017, the median sales tax was $5,396. This marks an increase of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Verona 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)
Waunakee229240-4.6%$320,000$270,00018.5%
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%

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