In January 2021, there were 463 homes sold, with a median sale price of $285,000 - a 10% increase over the $259,000 median sale price for the same period of the previous year. There were 407 homes sold in Madison in January 2020.
The median sales tax in Madison for the most recent year with available data, 2020, was $5,806, approximately 2% of the median home sale price for January 2021.
The following table compares Madison to other Dane County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oregon | 16 | 20 | -20% | $299,250 | $234,300 | 27.7% |
| Cottage Grove | 16 | 5 | 220% | $296,005.50 | $195,000 | 51.8% |
| Deerfield | 3 | 5 | -40% | $294,500 | $188,000 | 56.6% |
| Middleton | 31 | 28 | 10.7% | $286,900 | $266,600 | 7.6% |
| Cross Plains | 6 | 3 | 100% | $285,326 | $345,000 | -17.3% |
| Madison | 463 | 407 | 13.8% | $285,000 | $259,000 | 10% |
| Blue Mounds | 3 | 1 | 200% | $283,000 | $321,000 | -11.8% |
| DeForest | 22 | 21 | 4.8% | $270,150 | $337,900 | -20.1% |
| Sun Prairie | 66 | 70 | -5.7% | $262,500 | $260,150 | 0.9% |
| Mount Horeb | 16 | 10 | 60% | $254,550 | $270,750 | -6% |
| Cambridge | 2 | 3 | -33.3% | $235,500 | $120,000 | 96.3% |
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