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Monday, November 25, 2024

Sun Prairie median home prices rose by 3.6% in May 2020

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The median sale price of a home sold in May 2020 in Sun Prairie rose by $9,400 while total sales increased by 2.3%, according to BlockShopper.com.

In May 2020, there were 88 homes sold, with a median sale price of $270,000 - a 3.6% increase over the $260,600 median sale price for the same period of the previous year. There were 86 homes sold in Sun Prairie in May 2019.

The median sales tax in Sun Prairie for 2020 was $5,693. In 2019, the median sales tax was $5,471. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Sun Prairie 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)
DeForest3445-24.4%$293,500$246,90018.9%
Madison495586-15.5%$293,200$265,00010.6%
Oregon322433.3%$287,250$257,65011.5%
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%

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