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Saturday, November 2, 2024

Pricing for the median home in Verona increased during June 2017

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The median sale price of a home sold in June 2017 in Verona rose by $62,500 while total sales increased by 20.5%, according to BlockShopper.com.

In June 2017, there were 47 homes sold, with a median sale price of $290,000 - a 27.5% increase over the $227,500 median sale price for the same period of the previous year. There were 39 homes sold in Verona in June 2016.

The median sales tax in Verona for 2017 was $5,396. In 2016, the median sales tax was $5,087. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Verona 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)
Shorewood Hills45-20%$910,000$734,00024%
Maple Bluff26-66.7%$579,700$925,000-37.3%
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%

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