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Monday, November 25, 2024

Rising home prices in Middleton in May 2020

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The median sale price of a home sold in May 2020 in Middleton rose by $71,603 while total sales decreased by 17.4%, according to BlockShopper.com.

In May 2020, there were 38 homes sold, with a median sale price of $395,000 - a 22.1% increase over the $323,398 median sale price for the same period of the previous year. There were 46 homes sold in Middleton in May 2019.

The median sales tax in Middleton for 2020 was $6,898. In 2019, the median sales tax was $6,484. This marks an increase of 6.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Middleton 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)
Shorewood Hills57-28.6%$800,000$525,00052.4%
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%

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