What happened to the median home price in Cottage Grove during April?

Medium realestate4

The median sale price of a home sold in April in Cottage Grove fell by $35,000 while total sales increased by 36.4 percent, according to BlockShopper.com.

In April, there were 15 homes sold, with a median sale price of $315,000 - a 10 percent decrease from the $350,000 median sale price for the same period of the previous year. There were 11 homes sold in Cottage Grove in April 2021.

The median sales tax in Cottage Grove for the most recent year with available data, 2020, was $6,123, approximately 1.9 percent of the median home sale price for April.

The following table compares Cottage Grove 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)
Mount Horeb1118-38.9$342,500$295,95015.7
Oregon312334.8$337,000$257,49330.9
Madison465520-10.6$335,000$306,7379.2
Middleton2533-24.2$324,600$359,100-9.6
Belleville21100$322,500$184,00075.3
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

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