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Macon Reporter

Monday, November 25, 2024

Decatur home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Decatur rose by $7,664 while total sales decreased by 23.7%, according to BlockShopper.com.

From July through December of 2017, there were 444 homes sold, with a median sale price of $72,225 - a 11.9% increase over the $64,562 median sale price for the same period of the previous year. There were 582 homes sold in Decatur in the second half of 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 the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Mount Zion5557-3.5%$134,900$132,0002.2%
Long Creek2232-31.3%$127,750$100,75026.8%
Maroa1115-26.7%$124,500$86,50043.9%
Harristown517-70.6%$88,000$110,000-20%
Macon151225%$80,000$73,2009.3%
Argenta37-57.1%$78,000$68,00014.7%
Decatur444582-23.7%$72,225$64,561.5011.9%
Niantic45-20%$72,200$45,00060.4%
Warrensburg880%$69,250$59,50016.4%
Blue Mound512-58.3%$42,000$80,000-47.5%
Boody110%$27,000$2,500980%

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