In March 2020, there were 25 homes sold, with a median sale price of $287,400 - a 14.2% decrease over the $335,000 median sale price for the same period of the previous year. There were 12 homes sold in McFarland in March 2019.
The median sales tax in McFarland for 2020 was $5,667. In 2019, the median sales tax was $5,474. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares McFarland to other Dane County cities with similar median sale prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Verona | 19 | 30 | -36.7% | $325,000 | $288,750 | 12.6% |
| Brooklyn | 1 | 0 | - | $321,000 | $0 | - |
| DeForest | 28 | 31 | -9.7% | $299,950 | $235,000 | 27.6% |
| Deerfield | 5 | 7 | -28.6% | $294,900 | $157,000 | 87.8% |
| Cross Plains | 8 | 3 | 166.7% | $292,500 | $230,000 | 27.2% |
| McFarland | 25 | 12 | 108.3% | $287,400 | $335,000 | -14.2% |
| Madison | 445 | 399 | 11.5% | $280,000 | $244,000 | 14.8% |
| Fitchburg | 60 | 39 | 53.8% | $276,250 | $333,500 | -17.2% |
| Cottage Grove | 9 | 14 | -35.7% | $274,900 | $290,000 | -5.2% |
| Mount Horeb | 26 | 12 | 116.7% | $272,450 | $244,563.50 | 11.4% |
| Sun Prairie | 64 | 94 | -31.9% | $270,000 | $258,850 | 4.3% |
Alerts Sign-up