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Tuesday, November 5, 2024

May 2018: Home prices in Belleville increased

Realestate2

The median sale price of a home sold in May 2018 in Belleville rose by $47,750 while total sales increased by 25%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $143,000 - a 50.1% increase over the $95,250 median sale price for the same period of the previous year. There were four homes sold in Belleville in May 2017.

The median sales tax in Belleville for 2018 was $3,699. In 2017, the median sales tax was $3,808. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Dane13-66.7%$241,000$266,500-9.6%
Oregon2740-32.5%$230,000$229,2000.3%
Cross Plains49-55.6%$219,850$275,500-20.2%
Black Earth770%$206,000$125,00064.8%
Stoughton4347-8.5%$200,000$166,90019.8%
Windsor2739-30.8%$186,000$205,000-9.3%
Mount Horeb27263.8%$176,676$210,576.50-16.1%
Mazomanie38-62.5%$154,900$101,50052.6%
Belleville5425%$143,000$95,25050.1%
Cambridge25-60%$90,500$208,000-56.5%
Marshall82300%$86,500$205,500-57.9%

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