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Monday, November 25, 2024

November 2020: Home prices in Verona increased

Realestate5

The median sale price of a home sold in November 2020 in Verona rose by $77,500 while total sales increased by 47.1%, according to BlockShopper.com.

In November 2020, there were 25 homes sold, with a median sale price of $295,000 - a 35.6% increase over the $217,500 median sale price for the same period of the previous year. There were 17 homes sold in Verona in November 2019.

The median sales tax in Verona for 2020 was $6,219. In 2019, the median sales tax was $5,719. This marks an increase of 8.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Verona 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)
Windsor22214.8%$344,250$258,20033.3%
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%

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