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Tuesday, November 5, 2024

Verona home prices fell in June 2018

Re 1

The median sale price of a home sold in June 2018 in Verona fell by $10,000 while total sales decreased by 12.8%, according to BlockShopper.com.

In June 2018, there were 41 homes sold, with a median sale price of $280,000 - a 3.4% decrease over the $290,000 median sale price for the same period of the previous year. There were 47 homes sold in Verona in June 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%.

The following table compares Verona 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)
Blue Mounds58-37.5%$350,000$181,50092.8%
Deerfield11110%$331,500$134,500146.5%
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%

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