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Tuesday, November 5, 2024

Median home prices in Cottage Grove fell to $296,000 in November 2018

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The median sale price of a home sold in November 2018 in Cottage Grove fell by $11,000 while total sales increased by 44.4%, according to BlockShopper.com.

In November 2018, there were 13 homes sold, with a median sale price of $296,000 - a 3.6% decrease over the $307,000 median sale price for the same period of the previous year. There were nine homes sold in Cottage Grove in November 2017.

The median sales tax in Cottage Grove for 2018 was $5,690. In 2017, the median sales tax was $5,629. This marks an increase of 1.1%. 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 Cottage Grove 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)
Blue Mounds110%$382,000$248,94253.4%
Middleton31303.3%$380,000$375,2001.3%
Waunakee3133-6.1%$341,500$370,000-7.7%
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%

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