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Macon Reporter

Sunday, November 24, 2024

Blue Mound home prices fall in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Blue Mound fell by $18,450 while total sales increased by 50%, according to BlockShopper.com.

From April through June of 2017, there were six homes sold, with a median sale price of $69,000 - a 21.1% decrease over the $87,450 median sale price for the same period of the previous year. There were four homes sold in Blue Mound in the second quarter of 2016.

The median sales tax in Blue Mound for 2017 was $2,267.06. In 2016, the median sales tax was $2,247.90. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

The following table compares Blue Mound to other Macon County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Long Creek2814100%$167,500$101,00065.8%
Mount Zion2931-6.5%$139,000$140,000-0.7%
Warrensburg47-42.9%$106,250$114,500-7.2%
Argenta37-57.1%$98,000$99,900-1.9%
Maroa711-36.4%$95,000$79,00020.3%
Harristown35-40%$87,000$134,000-35.1%
Blue Mound6450%$69,000$87,450-21.1%
Macon58-37.5%$66,000$62,0006.5%
Decatur283335-15.5%$65,001$62,9003.3%
Oreana23-33.3%$41,750$82,500-49.4%
Niantic550%$25,250$87,500-71.1%

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