From January through December of 2017, there were nine homes sold, with a median sale price of $114,333 - a 39.9% increase over the $81,750 median sale price for the previous year. There were 12 homes sold in Oreana in 2016.
The median sales tax in Oreana for 2017 was $1,873. In 2016, the median sales tax was $1,898. This marks an decrease of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Oreana to other Macon County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Forsyth | 74 | 85 | -12.9% | $238,900 | $205,000 | 16.5% |
Oakley | 16 | 13 | 23.1% | $222,500 | $132,000 | 68.6% |
Mount Zion | 101 | 107 | -5.6% | $137,900 | $137,500 | 0.3% |
Long Creek | 60 | 53 | 13.2% | $136,250 | $102,500 | 32.9% |
Oreana | 9 | 12 | -25% | $114,333 | $81,750 | 39.9% |
Maroa | 21 | 35 | -40% | $95,000 | $83,000 | 14.5% |
Warrensburg | 16 | 18 | -11.1% | $86,000 | $70,700 | 21.6% |
Harristown | 18 | 25 | -28% | $83,500 | $102,500 | -18.5% |
Macon | 24 | 26 | -7.7% | $80,000 | $57,000 | 40.4% |
Argenta | 10 | 20 | -50% | $77,750 | $75,000 | 3.7% |
Decatur | 945 | 1,140 | -17.1% | $65,001 | $64,100 | 1.4% |