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Tuesday, November 5, 2024

What happened to the median home price in Cottage Grove during April 2018?

Realestate5

The median sale price of a home sold in April 2018 in Cottage Grove fell by $15,000 while total sales increased by 50%, according to BlockShopper.com.

In April 2018, there were 12 homes sold, with a median sale price of $247,500 - a 5.7% decrease over the $262,500 median sale price for the same period of the previous year. There were eight homes sold in Cottage Grove in April 2017.

The median sales tax in Cottage Grove for 2018 was $5,690. In 2017, the median sales tax was $5,629. This marks an increase of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Cottage Grove 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)
Fitchburg664161%$280,500$267,0005.1%
Cross Plains10666.7%$275,200$246,10011.8%
DeForest332343.5%$270,000$193,00039.9%
Oregon1730-43.3%$264,900$208,00027.4%
Madison4914821.9%$250,000$237,0005.5%
Cottage Grove12850%$247,500$262,500-5.7%
Sun Prairie826722.4%$236,656$230,0002.9%
Mount Horeb12933.3%$229,000$235,000-2.6%
Marshall911-18.2%$224,900$158,00042.3%
Deerfield45-20%$224,600$172,90029.9%
Waunakee3137-16.2%$215,000$250,000-14%

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