In December 2021, there were 530 homes sold, with a median sale price of $319,050 - a 11.9% increase over the $285,000 median sale price for the same period of the previous year. There were 517 homes sold in Madison in December 2020.
The median sales tax in Madison for the most recent year with available data, 2020, was $5,806, approximately 1.8% of the median home sale price for December 2021.
The following table compares Madison to other Dane County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Windsor | 18 | 31 | -41.9% | $357,850 | $359,900 | -0.6% |
| Middleton | 34 | 39 | -12.8% | $357,500 | $282,700 | 26.5% |
| Mount Horeb | 16 | 14 | 14.3% | $352,500 | $285,000 | 23.7% |
| McFarland | 23 | 18 | 27.8% | $341,800 | $368,200 | -7.2% |
| Sun Prairie | 85 | 98 | -13.3% | $322,000 | $296,000 | 8.8% |
| Madison | 530 | 517 | 2.5% | $319,050 | $285,000 | 11.9% |
| Brooklyn | 3 | 2 | 50% | $315,000 | $296,500 | 6.2% |
| DeForest | 29 | 30 | -3.3% | $299,200 | $291,250 | 2.7% |
| Cottage Grove | 19 | 18 | 5.6% | $292,000 | $275,500 | 6% |
| Verona | 29 | 36 | -19.4% | $290,000 | $338,300 | -14.3% |
| Oregon | 28 | 24 | 16.7% | $282,200 | $277,750 | 1.6% |
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