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Friday, December 27, 2024

Median home prices in Dane fell to $225,000 in November 2017

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The median sale price of a home sold in November 2017 in Dane fell by $5,000 while total sales decreased by 40%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $225,000 - a 2.2% decrease over the $230,000 median sale price for the same period of the previous year. There were five homes sold in Dane in November 2016.

The median sales tax in Dane for 2017 was $4,429. In 2016, the median sales tax was $4,304. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Dane to other Dane County cities with similar median sale prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Blue Mounds14-75%$248,942$187,99732.4%
Mount Horeb191618.8%$242,000$221,4759.3%
Madison48742414.9%$237,500$211,60012.2%
Sun Prairie5572-23.6%$228,000$217,3504.9%
DeForest302520%$226,750$226,0000.3%
Dane35-40%$225,000$230,000-2.2%
Mazomanie68-25%$215,000$190,00013.2%
Deerfield49-55.6%$206,500$191,0008.1%
Stoughton2836-22.2%$203,500$166,00022.6%
Brooklyn35-40%$175,000$167,9004.2%
Belleville330%$162,500$217,000-25.1%

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