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Saturday, November 23, 2024

March 2022: Black Earth experienced a 59.3% increase in median home prices

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The median sale price of a home sold in March 2022 in Black Earth rose by $56,000 while total sales decreased by 60%, according to BlockShopper.com.

In March 2022, there were four homes sold, with a median sale price of $150,500 - a 59.3% increase over the $94,500 median sale price for the same period of the previous year. There were 10 homes sold in Black Earth in March 2021.

The median sales tax in Black Earth for the most recent year with available data, 2020, was $3,835, approximately 2.5% of the median home sale price for March 2022.

The following table compares Black Earth to other Dane County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Brooklyn12-50%$320,000$212,50050.6%
Oregon2026-23.1%$316,900$341,000-7.1%
Cross Plains8633.3%$307,750$315,751-2.5%
Blue Mounds20-$305,900$0-
Mount Horeb291593.3%$272,500$290,000-6%
Dane45-20%$217,500$23,628820.5%
Mazomanie36-50%$215,000$260,450-17.5%
Stoughton24240%$210,600$242,950-13.3%
Marshall612-50%$180,150$92,987.5093.7%
Belleville6450%$170,000$241,250-29.5%
Black Earth410-60%$150,500$94,50059.3%

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