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Tuesday, November 5, 2024

Home prices increased in Stoughton during May 2018

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The median sale price of a home sold in May 2018 in Stoughton rose by $33,100 while total sales decreased by 8.5%, according to BlockShopper.com.

In May 2018, there were 43 homes sold, with a median sale price of $200,000 - a 19.8% increase over the $166,900 median sale price for the same period of the previous year. There were 47 homes sold in Stoughton in May 2017.

The median sales tax in Stoughton for 2018 was $4,347. In 2017, the median sales tax was $4,126. This marks an increase of 5.3%. 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 Stoughton 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)
Sun Prairie82122-32.8%$246,748$219,95012.2%
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%

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