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Macon Reporter

Friday, May 17, 2024

Decatur home prices fall in May 2017

Re 10

The median sale price of a home sold in May 2017 in Decatur fell by $6,250 while total sales decreased by 18.1%, according to BlockShopper.com.

In May 2017, there were 104 homes sold, with a median sale price of $58,250 - a 9.7% decrease over the $64,500 median sale price for the same period of the previous year. There were 127 homes sold in Decatur in May 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 2.3%.

The following table compares Decatur 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)
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%
Oreana12-50%$40,500$73,700-45%

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