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Monday, November 25, 2024

Sun Prairie home prices rose in November 2020

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The median sale price of a home sold in November 2020 in Sun Prairie rose by $55,500 while total sales increased by 49.2%, according to BlockShopper.com.

In November 2020, there were 97 homes sold, with a median sale price of $294,500 - a 23.2% increase over the $239,000 median sale price for the same period of the previous year. There were 65 homes sold in Sun Prairie in November 2019.

The median sales tax in Sun Prairie for 2020 was $5,693. In 2019, the median sales tax was $5,471. This marks an increase of 4.1%. 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 Sun Prairie to other Dane County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Cross Plains6520%$317,375$225,00041.1%
Fitchburg696015%$314,979$288,5009.2%
Middleton4446-4.3%$299,950$351,350-14.6%
Mount Horeb171154.5%$295,000$279,5005.5%
Verona251747.1%$295,000$217,50035.6%
Sun Prairie976549.2%$294,500$239,00023.2%
DeForest3335-5.7%$292,000$295,000-1%
Madison50545211.7%$285,000$273,0004.4%
Stoughton35329.4%$265,000$221,25019.8%
Marshall219133.3%$263,500$228,60015.3%
Cambridge84100%$263,050$181,35045.1%

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