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Tuesday, November 5, 2024

February 2018: Home prices in Cottage Grove increased

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The median sale price of a home sold in February 2018 in Cottage Grove rose by $15,685 while total sales decreased by 25%, according to BlockShopper.com.

In February 2018, there were six homes sold, with a median sale price of $243,185 - a 6.9% increase over the $227,500 median sale price for the same period of the previous year. There were eight homes sold in Cottage Grove in February 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 February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Maple Bluff52150%$375,000$372,5000.7%
Waunakee2528-10.7%$345,534$210,00064.5%
Middleton302330.4%$339,000$275,00023.3%
Belleville12-50%$265,000$90,000194.4%
Sun Prairie4248-12.5%$255,900$192,90032.7%
Cottage Grove68-25%$243,185$227,5006.9%
Madison3373321.5%$242,300$205,20018.1%
Oregon221822.2%$241,000$189,10027.4%
Verona2326-11.5%$240,000$242,300-0.9%
McFarland161414.3%$225,900$259,900-13.1%
Mount Horeb161323.1%$216,150$238,150-9.2%

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