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Macon Reporter

Sunday, November 24, 2024

Decatur home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Decatur fell by $2,950 while total sales decreased by 10.2%, according to BlockShopper.com.

From January through June of 2017, there were 501 homes sold, with a median sale price of $60,000 - a 4.7% decrease over the $62,950 median sale price for the same period of the previous year. There were 558 homes sold in Decatur in the first half of 2016.

The median sales tax in Decatur for 2017 was $1,336. In 2016, the median sales tax was $1,351. This marks an decrease of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Decatur to other Macon County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Mount Zion4650-8%$137,950$139,125-0.8%
Warrensburg810-20%$99,500$100,250-0.7%
Macon914-35.7%$93,250$51,95079.5%
Harristown13862.5%$80,000$78,9501.3%
Argenta713-46.2%$77,500$80,000-3.1%
Oreana47-42.9%$73,000$81,000-9.9%
Blue Mound89-11.1%$69,000$78,000-11.5%
Maroa1020-50%$65,000$81,000-19.8%
Decatur501558-10.2%$60,000$62,950-4.7%
Boody41300%$56,500$49,90013.2%
Niantic78-12.5%$32,000$88,250-63.7%

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