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Saturday, November 2, 2024

June 2020: Dane experienced a 48.4% drop in median home prices

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The median sale price of a home sold in June 2020 in Dane fell by $177,500 while total sales increased by 100%, according to BlockShopper.com.

In June 2020, there were four homes sold, with a median sale price of $189,000 - a 48.4% decrease over the $366,500 median sale price for the same period of the previous year. There were two homes sold in Dane in June 2019.

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 2.5%.

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Mount Horeb1422-36.4%$252,500$242,7004%
Stoughton2844-36.4%$246,000$261,125-5.8%
Brooklyn21100%$241,000$168,00043.5%
Deerfield810-20%$234,250$188,75024.1%
Black Earth73133.3%$213,000$198,0007.6%
Mazomanie82300%$204,350$275,000-25.7%
Marshall146133.3%$201,250$198,9501.2%
Cambridge4333.3%$199,750$76,999159.4%
Blue Mounds23-33.3%$197,500$170,00016.2%
Dane42100%$189,000$366,500-48.4%
Belleville9580%$152,500$147,8003.2%

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