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Saturday, April 5, 2025

Home prices decreased in Cambridge during January 2017

Webp re 14

The median sale price of a home sold in January 2017 in Cambridge fell by $82,000 while total sales increased by 100%, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $123,000 - a 40% decrease over the $205,000 median sale price for the same period of the previous year. There were three homes sold in Cambridge in January 2016.

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 2.9%.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Sun Prairie5152-1.9%$193,000$208,455-7.4%
Dane5366.7%$190,000$270,000-29.6%
Stoughton191526.7%$174,000$151,20015.1%
Waunakee3134-8.8%$163,500$190,000-13.9%
DeForest331794.1%$159,500$148,2357.6%
Belleville220%$151,000$94,10060.5%
Mazomanie30-$150,200$0-
Brooklyn31200%$129,150$174,600-26%
Cambridge63100%$123,000$205,000-40%
Deerfield3250%$119,100$130,192-8.5%
Blue Mounds110%$54,500$53,9900.9%

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