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Monday, November 4, 2024

Home prices increased in Verona during the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Verona rose by $57,950 while total sales increased by 8%, according to BlockShopper.com.

From January through June of 2017, there were 188 homes sold, with a median sale price of $280,650 - a 26% increase over the $222,700 median sale price for the same period of the previous year. There were 174 homes sold in Verona in the first half of 2016.

The median sales tax in Verona for 2017 was $5,396. In 2016, the median sales tax was $5,087. This marks an increase of 6.1%. 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 Verona to other Dane County cities with similar median sale prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Shorewood Hills1827-33.3%$576,500$525,0009.8%
Maple Bluff2123-8.7%$517,500$403,00028.4%
Middleton214277-22.7%$285,000$278,3002.4%
Verona1881748%$280,650$222,70026%
Waunakee240260-7.7%$270,000$281,950-4.2%
McFarland1219133%$270,000$235,00014.9%
Fitchburg3242959.8%$265,000$250,0006%
Dane1618-11.1%$263,550$245,0007.6%
Cottage Grove6794-28.7%$248,000$230,4007.6%
Cross Plains48449.1%$238,650$234,518.501.8%
Windsor16114511%$237,000$240,000-1.3%

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