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Macon Reporter

Friday, November 22, 2024

Mount Zion home prices fall in January 2017

Re 3

The median sale price of a home sold in January 2017 in Mount Zion fell by $60,250 while total sales decreased by 11.1%, according to BlockShopper.com.

In January 2017, there were eight homes sold, with a median sale price of $118,750 - a 33.7% decrease over the $179,000 median sale price for the same period of the previous year. There were nine homes sold in Mount Zion in January 2016.

The median sales tax in Mount Zion for 2017 was $3,068. In 2016, the median sales tax was $3,023. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Mount Zion to other Macon County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Oakley20-$176,450$0-
Mount Zion89-11.1%$118,750$179,000-33.7%
Oreana10-$114,333$0-
Forsyth15-80%$107,000$389,000-72.5%
Long Creek41300%$88,500$325,000-72.8%
Harristown5366.7%$67,000$49,50035.4%
Decatur6178-21.8%$65,500$66,250-1.1%
Warrensburg20-$37,772.50$0-
Maroa12-50%$30,000$56,375-46.8%
Boody10-$16,000$0-
Macon12-50%$15,000$147,500-89.8%
Niantic01-100%$0$57,000-100%
Argenta00-$0$0-
Blue Mound04-100%$0$55,250-100%

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