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Tuesday, November 5, 2024

April 2018: Dane experienced a 17.2% drop in median home prices

Realestate2

The median sale price of a home sold in April 2018 in Dane fell by $34,800 while total sales increased by 150%, according to BlockShopper.com.

In April 2018, there were five homes sold, with a median sale price of $168,000 - a 17.2% decrease over the $202,800 median sale price for the same period of the previous year. There were two homes sold in Dane in April 2017.

The median sales tax in Dane for 2018 was $4,625. In 2017, the median sales tax was $4,429. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Deerfield45-20%$224,600$172,90029.9%
Waunakee3137-16.2%$215,000$250,000-14%
Black Earth6450%$197,500$155,00027.4%
Stoughton332817.9%$184,400$193,350-4.6%
Mazomanie51400%$180,600$100,00080.6%
Windsor372085%$169,800$277,500-38.8%
Dane52150%$168,000$202,800-17.2%
Cambridge52150%$150,500$177,635-15.3%
Belleville103233.3%$149,000$213,000-30%
Blue Mounds21100%$99,137$55,30079.3%
Brooklyn16-83.3%$65,000$122,000-46.7%

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