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Tuesday, November 5, 2024

February 2019: Fitchburg experienced a 24.5% increase in median home prices

Realestate2

The median sale price of a home sold in February 2019 in Fitchburg rose by $52,000 while total sales increased by 16.7%, according to BlockShopper.com.

In February 2019, there were 49 homes sold, with a median sale price of $264,000 - a 24.5% increase over the $212,000 median sale price for the same period of the previous year. There were 42 homes sold in Fitchburg in February 2018.

The median sales tax in Fitchburg for 2019 was $6,165. In 2018, the median sales tax was $5,824. This marks an increase of 5.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Fitchburg to other Dane County cities with similar median sale prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Shorewood Hills52150%$547,500$1,164,800-53%
Waunakee25250%$350,000$345,5341.3%
Middleton2230-26.7%$318,550$339,000-6%
Cottage Grove56-16.7%$285,000$243,18517.2%
Mount Horeb16160%$266,000$216,15023.1%
Fitchburg494216.7%$264,000$212,00024.5%
Sun Prairie484214.3%$254,900$255,900-0.4%
DeForest261485.7%$254,450$176,55044.1%
Madison327337-3%$252,900$242,3004.4%
Windsor151225%$250,000$204,25022.4%
Oregon1022-54.5%$250,000$241,0003.7%

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