In February 2017, there were two homes sold, with a median sale price of $254,550 - a 45.8% increase over the $174,600 median sale price for the same period of the previous year. There were two homes sold in Cambridge in February 2016, as well.
The median sales tax in Cambridge for 2017 was $3,603. In 2016, the median sales tax was $3,606. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Cambridge to other Dane County cities with similar median sale prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Bluff | 2 | 2 | 0% | $372,500 | $277,000 | 34.5% |
| Shorewood Hills | 1 | 3 | -66.7% | $327,987 | $638,300 | -48.6% |
| Middleton | 23 | 24 | -4.2% | $275,000 | $354,350 | -22.4% |
| McFarland | 14 | 11 | 27.3% | $259,900 | $243,500 | 6.7% |
| Cambridge | 2 | 2 | 0% | $254,550 | $174,600 | 45.8% |
| DeForest | 12 | 21 | -42.9% | $245,950 | $180,000 | 36.6% |
| Verona | 26 | 19 | 36.8% | $242,300 | $220,000 | 10.1% |
| Mount Horeb | 13 | 9 | 44.4% | $238,150 | $205,000 | 16.2% |
| Cross Plains | 6 | 3 | 100% | $234,500 | $218,500 | 7.3% |
| Cottage Grove | 8 | 6 | 33.3% | $227,500 | $193,650 | 17.5% |
| Brooklyn | 1 | 0 | - | $225,000 | $0 | - |
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