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Monday, November 25, 2024

May 2020: Stoughton experienced a 14.1% increase in median home prices

Realestate077

The median sale price of a home sold in May 2020 in Stoughton rose by $29,700 while total sales decreased by 34.1%, according to BlockShopper.com.

In May 2020, there were 27 homes sold, with a median sale price of $240,600 - a 14.1% increase over the $210,900 median sale price for the same period of the previous year. There were 41 homes sold in Stoughton in May 2019.

The median sales tax in Stoughton for 2020 was $4,519. In 2019, the median sales tax was $4,485. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Stoughton 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)
Sun Prairie88862.3%$270,000$260,6003.6%
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%

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