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Monday, November 25, 2024

What happened to the median home price in Cross Plains during May 2020?

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The median sale price of a home sold in May 2020 in Cross Plains fell by $10,986 while total sales decreased by 27.3%, according to BlockShopper.com.

In May 2020, there were eight homes sold, with a median sale price of $230,015 - a 4.6% decrease over the $241,000 median sale price for the same period of the previous year. There were 11 homes sold in Cross Plains in May 2019.

The median sales tax in Cross Plains for 2020 was $5,301. In 2019, the median sales tax was $5,185. This marks an increase of 2.2%. 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 Cross Plains 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)
Brooklyn41300%$263,950$220,50019.7%
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%

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