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Sunday, November 24, 2024

Decatur home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Decatur rose by $11,700 while total sales decreased by 9.5%, according to BlockShopper.com.

In June 2017, there were 95 homes sold, with a median sale price of $69,500 - a 20.2% increase over the $57,800 median sale price for the same period of the previous year. There were 105 homes sold in Decatur in June 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 1.9%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Mount Zion12120%$177,500$165,0007.6%
Forsyth147100%$162,000$175,000-7.4%
Macon14-75%$135,000$89,37551%
Blue Mound31200%$85,000$20,000325%
Warrensburg13-66.7%$84,000$114,500-26.6%
Maroa27-71.4%$80,000$79,0001.3%
Oakley12-50%$79,000$127,450-38%
Decatur95105-9.5%$69,500$57,80020.2%
Argenta23-33.3%$58,500$99,900-41.4%
Oreana110%$43,000$101,500-57.6%
Niantic14-75%$8,000$79,250-89.9%

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