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Tuesday, November 5, 2024

Rising home prices in Stoughton in October 2018

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The median sale price of a home sold in October 2018 in Stoughton rose by $18,600 while total sales increased by 32.4%, according to BlockShopper.com.

In October 2018, there were 49 homes sold, with a median sale price of $211,100 - a 9.7% increase over the $192,500 median sale price for the same period of the previous year. There were 37 homes sold in Stoughton in October 2017.

The median sales tax in Stoughton for 2018 was $4,347. In 2017, the median sales tax was $4,126. This marks an increase of 5.3%. 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 Stoughton to other Dane County cities with similar median sale prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Sun Prairie8387-4.6%$245,000$228,0007.5%
Cottage Grove191435.7%$234,000$257,700-9.2%
Oregon2729-6.9%$232,000$255,000-9%
Marshall7540%$228,500$223,0002.5%
Deerfield28-75%$214,450$191,00012.3%
Stoughton493732.4%$211,100$192,5009.7%
Cambridge7540%$184,900$142,00030.2%
Mazomanie91800%$172,500$220,000-21.6%
Brooklyn4333.3%$154,600$169,900-9%
Black Earth8560%$132,250$160,000-17.3%
Belleville24-50%$131,250$132,000-0.6%

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