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Tuesday, November 5, 2024

Fitchburg median home prices fell by 1.7% in July 2018

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The median sale price of a home sold in July 2018 in Fitchburg fell by $5,123 while total sales increased by 13.3%, according to BlockShopper.com.

In July 2018, there were 68 homes sold, with a median sale price of $296,377 - a 1.7% decrease over the $301,500 median sale price for the same period of the previous year. There were 60 homes sold in Fitchburg in July 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 2%.

The following table compares Fitchburg 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)
Maple Bluff550%$497,000$354,90040%
Waunakee5364-17.2%$389,679$294,90032.1%
Middleton644445.5%$386,850$315,00022.8%
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%

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