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Monday, November 25, 2024

Home prices increased in Deerfield during May 2020

Realestate077

The median sale price of a home sold in May 2020 in Deerfield rose by $34,000 while total sales decreased by 55.6%, according to BlockShopper.com.

In May 2020, there were four homes sold, with a median sale price of $241,000 - a 16.4% increase over the $207,000 median sale price for the same period of the previous year. There were nine homes sold in Deerfield in May 2019.

The median sales tax in Deerfield for 2020 was $3,884. In 2019, the median sales tax was $3,908. This marks an decrease of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Deerfield 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)
Cottage Grove1215-20%$280,000$309,000-9.4%
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%

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