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Monday, November 25, 2024

How did home prices perform in Belleville during May 2020?

Realestate1

The median sale price of a home sold in May 2020 in Belleville rose by $55,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In May 2020, there were seven homes sold, with a median sale price of $175,000 - a 45.8% increase over the $120,000 median sale price for the same period of the previous year. There were seven homes sold in Belleville in May 2019, as well.

The median sales tax in Belleville for 2020 was $4,138. In 2019, the median sales tax was $3,864. This marks an increase of 7.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

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

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Blue Mounds330%$254,000$322,000-21.1%
Fitchburg4477-42.9%$246,750$331,800-25.6%
Deerfield49-55.6%$241,000$207,00016.4%
Stoughton2741-34.1%$240,600$210,90014.1%
Cross Plains811-27.3%$230,014.50$241,000-4.6%
Black Earth4333.3%$218,750$135,00062%
Mazomanie48-50%$185,300$187,358.50-1.1%
Marshall141127.3%$184,500$194,900-5.3%
Belleville770%$175,000$120,00045.8%
Cambridge23-33.3%$156,500$120,00030.4%
Dane24-50%$119,775$332,000-63.9%

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