Cambridge home prices fell in April

Medium realestate3

The median sale price of a home sold in April in Cambridge fell by $62,000 while total sales decreased by 40 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $285,700 - a 17.8 percent decrease from the $347,700 median sale price for the same period of the previous year. There were five homes sold in Cambridge in April 2021.

The median sales tax in Cambridge for the most recent year with available data, 2020, was $3,486, approximately 1.2 percent of the median home sale price for April.

The following table compares Cambridge 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)
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
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

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