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Macon Reporter

Friday, May 17, 2024

Decatur home prices fall in August 2017

Realestate3

The median sale price of a home sold in August 2017 in Decatur fell by $10,000 while total sales decreased by 23.1%, according to BlockShopper.com.

In August 2017, there were 93 homes sold, with a median sale price of $60,000 - a 14.3% decrease over the $70,000 median sale price for the same period of the previous year. There were 121 homes sold in Decatur in August 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 August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Forsyth710-30%$238,000$217,5009.4%
Oreana10-$192,000$0-
Macon24-50%$160,000$49,500223.2%
Warrensburg110%$155,000$50,000210%
Mount Zion1112-8.3%$151,000$143,2005.4%
Harristown13-66.7%$126,900$88,50043.4%
Niantic110%$117,000$124,500-6%
Long Creek25-60%$72,100$92,500-22.1%
Decatur93121-23.1%$60,000$70,000-14.3%
Boody10-$27,000$0-
Blue Mound10-$25,000$0-

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