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Tuesday, November 5, 2024

July 2018: Home prices in Middleton increased

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The median sale price of a home sold in July 2018 in Middleton rose by $71,850 while total sales increased by 45.5%, according to BlockShopper.com.

In July 2018, there were 64 homes sold, with a median sale price of $386,850 - a 22.8% increase over the $315,000 median sale price for the same period of the previous year. There were 44 homes sold in Middleton in July 2017.

The median sales tax in Middleton for 2018 was $5,924. In 2017, the median sales tax was $5,677. This marks an increase of 4.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Middleton 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)
Shorewood Hills94125%$790,000$837,500-5.7%
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%

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