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Monday, November 25, 2024

Median home prices in Fitchburg fell to $246,750 in May 2020

Realestate1

The median sale price of a home sold in May 2020 in Fitchburg fell by $85,050 while total sales decreased by 42.9%, according to BlockShopper.com.

In May 2020, there were 44 homes sold, with a median sale price of $246,750 - a 25.6% decrease over the $331,800 median sale price for the same period of the previous year. There were 77 homes sold in Fitchburg in May 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 2.6%.

The following table compares Fitchburg 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)
McFarland1722-22.7%$285,000$402,422-29.2%
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%

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