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Tuesday, November 5, 2024

Home prices decreased in Verona during July 2018

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The median sale price of a home sold in July 2018 in Verona fell by $5,150 while total sales decreased by 18.9%, according to BlockShopper.com.

In July 2018, there were 30 homes sold, with a median sale price of $264,850 - a 1.9% decrease over the $270,000 median sale price for the same period of the previous year. There were 37 homes sold in Verona in July 2017.

The median sales tax in Verona for 2018 was $5,547. In 2017, the median sales tax was $5,396. This marks an increase of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Verona to other Dane County cities with similar median sale prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Cambridge26-66.7%$337,450$167,800101.1%
Cross Plains813-38.5%$308,250$260,00018.6%
Fitchburg686013.3%$296,377$301,500-1.7%
McFarland27258%$287,000$269,9006.3%
Cottage Grove2124-12.5%$270,000$267,2441%
Verona3037-18.9%$264,850$270,000-1.9%
Madison6746651.4%$264,100$227,50016.1%
Oregon544035%$251,500$234,3007.3%
Sun Prairie119120-0.8%$250,400$250,600-0.1%
Windsor2542-40.5%$241,929$270,500-10.6%
Deerfield770%$235,000$184,00027.7%

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