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Tuesday, November 5, 2024

What happened to the median home price in Middleton during February 2018?

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The median sale price of a home sold in February 2018 in Middleton rose by $64,000 while total sales increased by 30.4%, according to BlockShopper.com.

In February 2018, there were 30 homes sold, with a median sale price of $339,000 - a 23.3% increase over the $275,000 median sale price for the same period of the previous year. There were 23 homes sold in Middleton in February 2017.

The median sales tax in Middleton for 2018 was $5,924. In 2017, the median sales tax was $5,677. This marks an increase of 4.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Middleton 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)
Shorewood Hills21100%$1,164,800$327,987255.1%
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%

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