In August 2020, there were seven homes sold, with a median sale price of $525,000 - a 3.7% decrease over the $545,000 median sale price for the same period of the previous year. There were seven homes sold in Shorewood Hills in August 2019, as well.
The median sales tax in Shorewood Hills for 2020 was $12,309. In 2019, the median sales tax was $12,110. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares Shorewood Hills 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) |
|---|---|---|---|---|---|---|
| Maple Bluff | 6 | 5 | 20% | $568,450 | $1,220,000 | -53.4% |
| Shorewood Hills | 7 | 7 | 0% | $525,000 | $545,000 | -3.7% |
| Waunakee | 34 | 43 | -20.9% | $412,450 | $385,000 | 7.1% |
| 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% |
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