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Monday, November 25, 2024

May 2020: Mount Horeb experienced a 13.9% increase in median home prices

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The median sale price of a home sold in May 2020 in Mount Horeb rose by $39,062 while total sales decreased by 22.7%, according to BlockShopper.com.

In May 2020, there were 17 homes sold, with a median sale price of $321,000 - a 13.9% increase over the $281,939 median sale price for the same period of the previous year. There were 22 homes sold in Mount Horeb in May 2019.

The median sales tax in Mount Horeb for 2020 was $4,820. In 2019, the median sales tax was $4,832. This marks an decrease of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Mount Horeb 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)
Maple Bluff413-69.2%$732,750$550,00033.2%
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%

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