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Tuesday, November 5, 2024

Falling home prices in Cross Plains in August 2018

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The median sale price of a home sold in August 2018 in Cross Plains fell by $50,086 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

In August 2018, there were eight homes sold, with a median sale price of $248,000 - a 16.8% decrease over the $298,086 median sale price for the same period of the previous year. There were eight homes sold in Cross Plains in August 2017, as well.

The median sales tax in Cross Plains for 2018 was $4,748. In 2017, the median sales tax was $4,899. This marks an decrease of 3.1%. 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 Cross Plains to other Dane County cities with similar median sale prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
McFarland321788.2%$263,000$280,000-6.1%
Cambridge5366.7%$257,500$130,00098.1%
Madison594666-10.8%$254,150$245,0003.7%
Mount Horeb271850%$250,000$267,500-6.5%
Sun Prairie1119714.4%$250,000$247,0001.2%
Cross Plains880%$248,000$298,085.50-16.8%
Oregon3842-9.5%$231,000$219,3505.3%
Deerfield14955.6%$225,750$178,00026.8%
Mazomanie660%$216,925$165,85030.8%
Brooklyn24-50%$212,500$209,5001.4%
Stoughton4252-19.2%$206,200$203,5001.3%

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