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Tuesday, November 5, 2024

Rising home prices in Fitchburg in August 2018

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The median sale price of a home sold in August 2018 in Fitchburg rose by $50,750 while total sales increased by 23.2%, according to BlockShopper.com.

In August 2018, there were 69 homes sold, with a median sale price of $312,000 - a 19.4% increase over the $261,250 median sale price for the same period of the previous year. There were 56 homes sold in Fitchburg in August 2017.

The median sales tax in Fitchburg for 2018 was $5,824. In 2017, the median sales tax was $5,818. This marks an increase of 0.1%. 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 Fitchburg 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)
Maple Bluff82300%$428,010$402,9506.2%
Waunakee5057-12.3%$401,950$385,5154.3%
Shorewood Hills9580%$360,000$350,0002.9%
Blue Mounds3250%$341,900$310,35010.2%
Fitchburg695623.2%$312,000$261,25019.4%
Windsor2631-16.1%$295,000$275,5007.1%
Cottage Grove1622-27.3%$289,500$276,0004.9%
Middleton5560-8.3%$286,000$324,500-11.9%
Verona4549-8.2%$265,000$290,000-8.6%
McFarland321788.2%$263,000$280,000-6.1%
Cambridge5366.7%$257,500$130,00098.1%

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