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Tuesday, November 5, 2024

What happened to the median home price in Oregon during November 2018?

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The median sale price of a home sold in November 2018 in Oregon rose by $2,700 while total sales increased by 23.8%, according to BlockShopper.com.

In November 2018, there were 26 homes sold, with a median sale price of $254,900 - a 1.1% increase over the $252,200 median sale price for the same period of the previous year. There were 21 homes sold in Oregon in November 2017.

The median sales tax in Oregon for 2018 was $4,767. In 2017, the median sales tax was $4,607. 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 1.9%.

The following table compares Oregon 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)
McFarland241471.4%$330,000$264,508.5024.8%
Fitchburg4851-5.9%$316,500$250,00026.6%
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%

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