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Saturday, November 2, 2024

Fitchburg home prices rose in June 2017

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The median sale price of a home sold in June 2017 in Fitchburg rose by $38,400 while total sales increased by 1.3%, according to BlockShopper.com.

In June 2017, there were 77 homes sold, with a median sale price of $271,900 - a 16.4% increase over the $233,500 median sale price for the same period of the previous year. There were 76 homes sold in Fitchburg in June 2016.

The median sales tax in Fitchburg for 2017 was $5,818. In 2016, the median sales tax was $5,723. 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 2.1%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Middleton5175-32%$392,000$342,20014.6%
Cambridge38-62.5%$295,000$140,750109.6%
Dane17-85.7%$290,500$204,50042.1%
Verona473920.5%$290,000$227,50027.5%
Mount Horeb2526-3.8%$272,441$197,25038.1%
Fitchburg77761.3%$271,900$233,50016.4%
McFarland272222.7%$270,000$255,0005.9%
Madison695756-8.1%$250,000$222,00012.6%
Oregon513450%$249,900$235,4506.1%
Cottage Grove2224-8.3%$249,250$241,0003.4%
Sun Prairie104114-8.8%$249,000$225,50010.4%

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