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Macon Reporter

Monday, November 25, 2024

Decatur home prices fall in the second half of 2018

Realestate2

The median sale price of a home sold in the second half of 2018 in Decatur fell by $3,725 while total sales increased by 46.2%, according to BlockShopper.com.

From July through December of 2018, there were 649 homes sold, with a median sale price of $68,500 - a 5.2% decrease over the $72,225 median sale price for the same period of the previous year. There were 444 homes sold in Decatur in the second half of 2017.

The median sales tax in Decatur for the most recent year with available data, 2017, was $1,336, approximately 2% of the median home sale price for the second half of 2018.

The following table compares Decatur to other Macon County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Long Creek312240.9%$123,000$127,750-3.7%
Niantic7475%$98,900$72,20037%
Oreana9580%$95,000$150,000-36.7%
Warrensburg9812.5%$90,000$69,25030%
Blue Mound9580%$85,000$42,000102.4%
Maroa161145.5%$83,550$124,500-32.9%
Argenta103233.3%$80,750$78,0003.5%
Harristown155200%$72,400$88,000-17.7%
Macon15150%$69,000$80,000-13.8%
Decatur64944446.2%$68,500$72,225-5.2%
Boody21100%$16,500$27,000-38.9%

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