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Monday, November 25, 2024

What happened to the median home price in DeForest during May 2020?

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The median sale price of a home sold in May 2020 in DeForest rose by $46,600 while total sales decreased by 24.4%, according to BlockShopper.com.

In May 2020, there were 34 homes sold, with a median sale price of $293,500 - a 18.9% increase over the $246,900 median sale price for the same period of the previous year. There were 45 homes sold in DeForest in May 2019.

The median sales tax in DeForest for 2020 was $5,388. In 2019, the median sales tax was $5,150. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares DeForest 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)
Waunakee3637-2.7%$402,500$296,00036%
Middleton3846-17.4%$395,000$323,397.5022.1%
Verona2227-18.5%$354,500$303,00017%
Windsor1633-51.5%$334,250$290,00015.3%
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%

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