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Tuesday, November 5, 2024

Fitchburg median home prices fell by 0.5% in the second half of 2017

Realestate077

The median sale price of a home sold in the second half of 2017 in Fitchburg fell by $1,300 while total sales increased by 31.2%, according to BlockShopper.com.

From July through December of 2017, there were 332 homes sold, with a median sale price of $269,700 - a 0.5% decrease over the $271,000 median sale price for the same period of the previous year. There were 253 homes sold in Fitchburg in the second half of 2016.

The median sales tax in Fitchburg for 2017 was $5,818. In 2016, the median sales tax was $5,723. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Fitchburg to other Dane County cities with similar median sale prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Shorewood Hills2539-35.9%$540,967$560,000-3.4%
Maple Bluff1532-53.1%$400,000$389,6002.7%
Waunakee277309-10.4%$315,000$305,0003.3%
Middleton243300-19%$300,000$275,5008.9%
Cottage Grove95105-9.5%$271,000$260,0004.2%
Fitchburg33225331.2%$269,700$271,000-0.5%
McFarland105978.2%$269,000$258,0004.3%
Windsor15813913.7%$266,500$227,00017.4%
Cross Plains4250-16%$259,500$239,4508.4%
Blue Mounds515-66.7%$248,942$227,4009.5%
Verona21318614.5%$245,000$255,000-3.9%

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