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Sunday, December 29, 2024

What happened to the median home price in Cottage Grove during September 2018?

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The median sale price of a home sold in September 2018 in Cottage Grove fell by $50,000 while total sales decreased by 11.8%, according to BlockShopper.com.

In September 2018, there were 15 homes sold, with a median sale price of $239,000 - a 17.3% decrease over the $289,000 median sale price for the same period of the previous year. There were 17 homes sold in Cottage Grove in September 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 September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Fitchburg5356-5.4%$268,000$274,000-2.2%
DeForest322718.5%$262,500$276,978-5.2%
Sun Prairie6190-32.2%$262,200$210,00024.9%
Blue Mounds51400%$260,000$48,000441.7%
Madison447498-10.2%$248,200$237,7504.4%
Cottage Grove1517-11.8%$239,000$289,000-17.3%
Belleville67-14.3%$231,200$178,00029.9%
Mazomanie5425%$224,900$253,450-11.3%
Marshall67-14.3%$223,500$214,9004%
Stoughton3940-2.5%$220,000$190,55015.5%
Cambridge79-22.2%$207,900$143,90044.5%

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