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Tuesday, November 5, 2024

October 2018: Home prices in Cottage Grove fell

Realestate2

The median sale price of a home sold in October 2018 in Cottage Grove fell by $23,700 while total sales increased by 35.7%, according to BlockShopper.com.

In October 2018, there were 19 homes sold, with a median sale price of $234,000 - a 9.2% decrease over the $257,700 median sale price for the same period of the previous year. There were 14 homes sold in Cottage Grove in October 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 2.4%.

The following table compares Cottage Grove 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)
Madison477540-11.7%$250,000$237,6005.2%
Dane21100%$249,950$53,000371.6%
Cross Plains8560%$248,450$230,0008%
DeForest38365.6%$247,450$276,977.50-10.7%
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%

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