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Macon Reporter

Thursday, April 18, 2024

Niantic home prices rise in the fourth quarter of 2019

Realestate077

The median sale price of a home sold in the fourth quarter of 2019 in Niantic rose by $13,000 while total sales decreased by 25%, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $101,000 - a 14.8% increase over the $88,000 median sale price for the same period of the previous year. There were four homes sold in Niantic in the fourth quarter of 2018.

The median sales tax in Niantic for the most recent year with available data, 2017, was $1,891, approximately 1.9% of the median home sale price for the fourth quarter of 2019.

The following table compares Niantic to other Macon County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Oreana550%$154,000$95,00062.1%
Harristown38-62.5%$146,595$72,700101.6%
Long Creek16156.7%$145,000$116,90024%
Oakley84100%$117,147.50$252,500-53.6%
Warrensburg4333.3%$106,250$90,00018.1%
Niantic34-25%$101,000$88,00014.8%
Blue Mound83166.7%$80,000$60,00033.3%
Argenta13-66.7%$76,500$113,000-32.3%
Maroa10100%$70,150$137,500-49%
Decatur32129110.3%$60,000$63,000-4.8%
Macon27-71.4%$45,700$103,100-55.7%

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