Quantcast

The Sconi

Saturday, November 2, 2024

Falling home prices in Fitchburg in June 2020

Re 2

The median sale price of a home sold in June 2020 in Fitchburg fell by $12,700 while total sales increased by 28.6%, according to BlockShopper.com.

In June 2020, there were 81 homes sold, with a median sale price of $300,000 - a 4.1% decrease over the $312,700 median sale price for the same period of the previous year. There were 63 homes sold in Fitchburg in June 2019.

The median sales tax in Fitchburg for 2020 was $6,421. In 2019, the median sales tax was $6,165. This marks an increase of 4.2%. 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 Fitchburg 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)
Oregon362828.6%$355,000$272,45030.3%
Middleton534810.4%$337,500$325,2503.8%
Cottage Grove231291.7%$328,900$342,250-3.9%
Windsor2328-17.9%$325,000$297,0009.4%
DeForest3144-29.5%$315,000$241,50030.4%
Fitchburg816328.6%$300,000$312,700-4.1%
Madison622626-0.6%$298,000$280,0006.4%
Cross Plains814-42.9%$280,500$222,25026.2%
Sun Prairie1158436.9%$278,000$265,5504.7%
Verona3338-13.2%$277,978$286,876.50-3.1%
Mount Horeb1422-36.4%$252,500$242,7004%

MORE NEWS