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Monday, November 4, 2024

Fitchburg median home prices fell by 1.6% in June 2018

Realestate2

The median sale price of a home sold in June 2018 in Fitchburg fell by $4,400 while total sales increased by 2.6%, according to BlockShopper.com.

In June 2018, there were 79 homes sold, with a median sale price of $267,500 - a 1.6% decrease over the $271,900 median sale price for the same period of the previous year. There were 77 homes sold in Fitchburg in June 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 2.2%.

The following table compares Fitchburg 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)
Windsor2943-32.6%$285,000$245,50016.1%
Middleton4751-7.8%$282,000$392,000-28.1%
McFarland302711.1%$281,500$270,0004.3%
Verona4147-12.8%$280,000$290,000-3.4%
Cambridge4333.3%$271,100$295,000-8.1%
Fitchburg79772.6%$267,500$271,900-1.6%
Oregon3051-41.2%$267,500$249,9007%
Madison654695-5.9%$264,500$250,0005.8%
DeForest3847-19.1%$263,500$231,00014.1%
Cottage Grove302236.4%$260,212.50$249,2504.4%
Mount Horeb282512%$252,250$272,441-7.4%

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