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Tuesday, November 5, 2024

Home prices increased in Blue Mounds 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 Blue Mounds rose by $129,500 while total sales decreased by 29.4%, according to BlockShopper.com.

From January through June of 2018, there were 12 homes sold, with a median sale price of $307,500 - a 72.8% increase over the $178,000 median sale price for the same period of the previous year. There were 17 homes sold in Blue Mounds in the first half of 2017.

The median sales tax in Blue Mounds for 2018 was $4,712. In 2017, the median sales tax was $4,897. This marks an decrease of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Blue Mounds 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)
Shorewood Hills221822.2%$989,800$576,50071.7%
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%

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