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Tuesday, November 5, 2024

Falling home prices in Mazomanie in June 2018

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The median sale price of a home sold in June 2018 in Mazomanie fell by $19,200 while total sales increased by 12.5%, according to BlockShopper.com.

In June 2018, there were nine homes sold, with a median sale price of $172,000 - a 10% decrease over the $191,200 median sale price for the same period of the previous year. There were eight homes sold in Mazomanie in June 2017.

The median sales tax in Mazomanie for 2018 was $3,388. In 2017, the median sales tax was $3,341. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

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

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Cottage Grove302236.4%$260,212.50$249,2504.4%
Mount Horeb282512%$252,250$272,441-7.4%
Sun Prairie12010415.4%$249,909.50$249,0000.4%
Dane51400%$241,000$290,500-17%
Cross Plains8714.3%$237,500$235,0001.1%
Stoughton4754-13%$220,000$211,9003.8%
Belleville48-50%$202,500$179,50012.8%
Marshall1012-16.7%$192,237.50$226,500-15.1%
Mazomanie9812.5%$172,000$191,200-10%
Black Earth28-75%$164,000$171,000-4.1%
Brooklyn330%$145,000$210,000-31%

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