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Friday, November 1, 2024

How did home prices perform in Cottage Grove during May 2020?

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The median sale price of a home sold in May 2020 in Cottage Grove fell by $29,000 while total sales decreased by 20%, according to BlockShopper.com.

In May 2020, there were 12 homes sold, with a median sale price of $280,000 - a 9.4% decrease over the $309,000 median sale price for the same period of the previous year. There were 15 homes sold in Cottage Grove in May 2019.

The median sales tax in Cottage Grove for 2020 was $6,123. In 2019, the median sales tax was $6,050. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Cottage Grove 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)
Mount Horeb1722-22.7%$321,000$281,938.5013.9%
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%

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