In August 2020, there were three homes sold, with a median sale price of $330,000 - a 5.7% decrease over the $349,900 median sale price for the same period of the previous year. There were three homes sold in Dane in August 2019, as well.
The median sales tax in Dane for 2020 was $4,705. In 2019, the median sales tax was $4,835. This marks an decrease of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Dane to other Dane County cities with similar median sale prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fitchburg | 77 | 65 | 18.5% | $358,500 | $296,567 | 20.9% |
| McFarland | 20 | 32 | -37.5% | $347,500 | $280,000 | 24.1% |
| Middleton | 59 | 45 | 31.1% | $345,600 | $363,600 | -5% |
| Cottage Grove | 20 | 22 | -9.1% | $339,500 | $300,000 | 13.2% |
| Verona | 38 | 38 | 0% | $332,450 | $279,649.50 | 18.9% |
| Dane | 3 | 3 | 0% | $330,000 | $349,900 | -5.7% |
| DeForest | 47 | 42 | 11.9% | $325,450 | $311,452.50 | 4.5% |
| Mount Horeb | 20 | 26 | -23.1% | $314,950 | $255,000 | 23.5% |
| Blue Mounds | 1 | 2 | -50% | $310,000 | $114,950 | 169.7% |
| Oregon | 33 | 25 | 32% | $305,000 | $300,000 | 1.7% |
| Madison | 607 | 581 | 4.5% | $280,504 | $274,000 | 2.4% |
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