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Saturday, November 2, 2024

Median home prices in Cambridge rose to $199,750 in June 2020

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The median sale price of a home sold in June 2020 in Cambridge rose by $122,751 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2020, there were four homes sold, with a median sale price of $199,750 - a 159.4% increase over the $76,999 median sale price for the same period of the previous year. There were three homes sold in Cambridge in June 2019.

The median sales tax in Cambridge for 2020 was $3,486. In 2019, the median sales tax was $3,445. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Cambridge 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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