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Macon Reporter

Saturday, May 18, 2024

Forsyth home prices fall in May 2017

Realestate2

The median sale price of a home sold in May 2017 in Forsyth fell by $13,500 while total sales decreased by 69.2%, according to BlockShopper.com.

In May 2017, there were four homes sold, with a median sale price of $236,500 - a 5.4% decrease over the $250,000 median sale price for the same period of the previous year. There were 13 homes sold in Forsyth in May 2016.

The median sales tax in Forsyth for 2017 was $4,781. In 2016, the median sales tax was $4,805. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Forsyth to other Macon County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Harristown13-66.7%$246,000$134,00083.6%
Forsyth413-69.2%$236,500$250,000-5.4%
Argenta110%$235,000$135,00074.1%
Long Creek9812.5%$150,000$125,95019.1%
Mount Zion11922.2%$137,900$102,00035.2%
Oakley21100%$115,000$132,000-12.9%
Warrensburg12-50%$94,000$100,500-6.5%
Macon3250%$66,000$50,75030%
Decatur104127-18.1%$58,250$64,500-9.7%
Blue Mound110%$55,500$110,000-49.5%
Niantic31200%$50,000$89,000-43.8%

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