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Tuesday, November 5, 2024

What happened to the median home price in Cottage Grove during March 2019?

Realestate2

The median sale price of a home sold in March 2019 in Cottage Grove rose by $56,000 while total sales decreased by 12.5%, according to BlockShopper.com.

In March 2019, there were 14 homes sold, with a median sale price of $290,000 - a 23.9% increase over the $234,000 median sale price for the same period of the previous year. There were 16 homes sold in Cottage Grove in March 2018.

The median sales tax in Cottage Grove for 2019 was $6,050. In 2018, the median sales tax was $5,690. This marks an increase of 6.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Cottage Grove to other Dane County cities with similar median sale prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Middleton3336-8.3%$364,200$300,00021.4%
Dane14-75%$340,000$154,375120.2%
McFarland1219-36.8%$335,000$272,00023.2%
Fitchburg3944-11.4%$333,500$283,75017.5%
Waunakee312714.8%$310,000$337,250-8.1%
Cottage Grove1416-12.5%$290,000$234,00023.9%
Verona3034-11.8%$288,750$258,50011.7%
Blue Mounds110%$278,000$421,200-34%
Windsor2234-35.3%$269,950$236,35014.2%
Sun Prairie947034.3%$258,850$234,50010.4%
Mount Horeb1217-29.4%$244,563.50$265,000-7.7%

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