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Madison Reporter

Tuesday, November 5, 2024

Pricing for the median home in Dane decreased during May

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The median sale price of a home sold in May in Dane fell by $145,250 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May, there were two homes sold, with a median sale price of $310,000 - a 31.9 percent decrease from the $455,250 median sale price for the same period of the previous year. There were two homes sold in Dane in May 2021, as well.

The median sales tax in Dane for the most recent year with available data, 2020, was $4,705, approximately 1.5 percent of the median home sale price for May.

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

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Fitchburg4358-25.9$330,000$365,000-9.6
Deerfield9812.5$330,000$227,12545.3
Sun Prairie86824.9$325,000$306,4506.1
Marshall710-30$320,000$258,75023.7
DeForest32306.7$316,500$311,2501.7
Stoughton403514.3$315,950$223,30041.5
Dane220$310,000$455,250-31.9
Windsor2134-38.2$264,900$315,000-15.9
Black Earth36-50$237,500$274,000-13.3
Mazomanie73133.3$185,000$210,000-11.9
Blue Mounds110$100,000$330,000-69.7

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