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Madison Reporter

Sunday, December 22, 2024

What happened to the median home price in Deerfield during April?

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The median sale price of a home sold in April in Deerfield rose by $39,500 while total sales increased by 28.6 percent, according to BlockShopper.com.

In April, there were nine homes sold, with a median sale price of $217,500 - a 22.2 percent increase over the $178,000 median sale price for the same period of the previous year. There were seven homes sold in Deerfield in April 2021.

The median sales tax in Deerfield for the most recent year with available data, 2020, was $3,884, approximately 1.8 percent of the median home sale price for April.

The following table compares Deerfield to other Dane County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Cottage Grove151136.4$315,000$350,000-10
Verona322814.3$313,400$320,000-2.1
DeForest2138-44.7$300,000$296,8001.1
Marshall710-30$287,000$222,17529.2
Cambridge35-40$285,700$347,700-17.8
Stoughton2428-14.3$282,000$244,05015.6
Cross Plains9580$255,000$402,000-36.6
Mazomanie37-57.1$233,000$114,000104.4
Deerfield9728.6$217,500$178,00022.2
Dane110-90$185,700$23,628685.9
Black Earth7475$125,000$69,70079.3

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