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Saturday, December 28, 2024

Sun Prairie median home prices rose by 1.2% in August 2018

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The median sale price of a home sold in August 2018 in Sun Prairie rose by $3,000 while total sales increased by 14.4%, according to BlockShopper.com.

In August 2018, there were 111 homes sold, with a median sale price of $250,000 - a 1.2% increase over the $247,000 median sale price for the same period of the previous year. There were 97 homes sold in Sun Prairie in August 2017.

The median sales tax in Sun Prairie for 2018 was $4,961. In 2017, the median sales tax was $4,696. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Sun Prairie 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)
Verona4549-8.2%$265,000$290,000-8.6%
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%

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