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Tuesday, November 5, 2024

Pricing for the median home in Fitchburg increased during the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Fitchburg rose by $14,900 while total sales increased by 13.9%, according to BlockShopper.com.

From January through June of 2018, there were 369 homes sold, with a median sale price of $279,900 - a 5.6% increase over the $265,000 median sale price for the same period of the previous year. There were 324 homes sold in Fitchburg in the first half of 2017.

The median sales tax in Fitchburg for 2018 was $5,824. In 2017, the median sales tax was $5,818. This marks an increase of 0.1%. 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 Fitchburg 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)
Maple Bluff342161.9%$665,825$517,50028.7%
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%

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