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Tuesday, November 5, 2024

April 2018: Home prices in Verona increased

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The median sale price of a home sold in April 2018 in Verona rose by $33,184 while total sales increased by 33.3%, according to BlockShopper.com.

In April 2018, there were 36 homes sold, with a median sale price of $358,184 - a 10.2% increase over the $325,000 median sale price for the same period of the previous year. There were 27 homes sold in Verona in April 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 1.5%.

The following table compares Verona 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)
Shorewood Hills23-33.3%$1,072,500$375,500185.6%
Maple Bluff42100%$952,450$481,50097.8%
Verona362733.3%$358,183.50$325,00010.2%
McFarland1522-31.8%$321,550$264,25021.7%
Middleton473823.7%$310,200$280,30010.7%
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%

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