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Saturday, November 2, 2024

Rising home prices in Cottage Grove in November 2017

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The median sale price of a home sold in November 2017 in Cottage Grove rose by $58,500 while total sales decreased by 55%, according to BlockShopper.com.

In November 2017, there were nine homes sold, with a median sale price of $307,000 - a 23.5% increase over the $248,500 median sale price for the same period of the previous year. There were 20 homes sold in Cottage Grove in November 2016.

The median sales tax in Cottage Grove for 2017 was $5,629. In 2016, the median sales tax was $5,538. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Cottage Grove 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)
Shorewood Hills5366.7%$581,000$633,300-8.3%
Maple Bluff45-20%$541,000$489,50010.5%
Middleton3036-16.7%$375,200$270,50038.7%
Waunakee3352-36.5%$370,000$272,709.5035.7%
Cottage Grove920-55%$307,000$248,50023.5%
Windsor231921.1%$300,900$166,00081.3%
Verona1726-34.6%$289,000$277,8004%
Cross Plains47-42.9%$288,000$251,20014.6%
McFarland1419-26.3%$264,508.50$289,900-8.8%
Oregon2129-27.6%$252,200$184,90036.4%
Fitchburg513164.5%$250,000$300,000-16.7%

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