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Saturday, November 2, 2024

Cambridge median home prices rose by 124.3% in December 2020

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The median sale price of a home sold in December 2020 in Cambridge rose by $338,050 while total sales increased by 600%, according to BlockShopper.com.

In December 2020, there were 14 homes sold, with a median sale price of $610,000 - a 124.3% increase over the $271,950 median sale price for the same period of the previous year. There were two homes sold in Cambridge in December 2019.

The median sales tax in Cambridge for 2020 was $3,486. In 2019, the median sales tax was $3,445. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Cambridge to other Dane County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Cambridge142600%$610,000$271,950124.3%
Maple Bluff7540%$600,000$421,50042.3%
Waunakee3841-7.3%$438,000$400,0009.5%
McFarland1820-10%$368,200$252,50045.8%
Windsor3138-18.4%$359,900$203,55076.8%
Shorewood Hills6450%$350,000$445,100-21.4%
Verona362263.6%$338,300$280,75020.5%
Fitchburg6670-5.7%$310,500$293,3505.8%
Black Earth611-45.5%$298,065$165,00080.6%
Brooklyn20-$296,500$0-
Sun Prairie986942%$296,000$265,00011.7%

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