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Tuesday, November 5, 2024

December 2018: Verona experienced a 12.6% increase in median home prices

Realestate1

The median sale price of a home sold in December 2018 in Verona rose by $29,183 while total sales decreased by 40%, according to BlockShopper.com.

In December 2018, there were 18 homes sold, with a median sale price of $260,933 - a 12.6% increase over the $231,750 median sale price for the same period of the previous year. There were 30 homes sold in Verona in December 2017.

The median sales tax in Verona for 2018 was $5,547. In 2017, the median sales tax was $5,396. This marks an increase of 2.8%. 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 Verona to other Dane County cities with similar median sale prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Middleton38358.6%$319,650$277,00015.4%
Mazomanie52150%$290,000$236,75022.5%
Fitchburg4160-31.7%$275,000$238,70015.2%
Windsor222010%$274,100$313,400-12.5%
Cottage Grove16977.8%$272,557$250,0009%
Verona1830-40%$260,932.50$231,75012.6%
Sun Prairie6368-7.4%$260,000$201,204.5029.2%
Madison384397-3.3%$259,050$234,00010.7%
Oregon251747.1%$255,000$261,200-2.4%
Waunakee393414.7%$240,000$275,120.50-12.8%
DeForest1929-34.5%$240,000$223,6007.3%

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