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Tuesday, November 5, 2024

November 2018: Home prices in Dane increased

Realestate5

The median sale price of a home sold in November 2018 in Dane rose by $21,438 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $246,438 - a 9.5% increase over the $225,000 median sale price for the same period of the previous year. There were three homes sold in Dane in November 2017, as well.

The median sales tax in Dane for 2018 was $4,625. In 2017, the median sales tax was $4,429. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Dane to other Dane County cities with similar median sale prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Cottage Grove13944.4%$296,000$307,000-3.6%
Mount Horeb19190%$284,900$242,00017.7%
Madison416487-14.6%$255,000$237,5007.4%
Oregon262123.8%$254,900$252,2001.1%
DeForest2730-10%$250,000$226,75010.3%
Dane330%$246,438$225,0009.5%
Verona211723.5%$245,000$289,000-15.2%
Sun Prairie635514.5%$237,500$228,0004.2%
Deerfield84100%$235,000$206,50013.8%
Windsor1723-26.1%$232,800$300,900-22.6%
Cross Plains440%$204,750$288,000-28.9%

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