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Macon Reporter

Wednesday, November 27, 2024

Oreana home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Oreana fell by $11,750 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2019, there were six homes sold, with a median sale price of $87,750 - a 11.8% decrease over the $99,500 median sale price for the same period of the previous year. There were four homes sold in Oreana in the third quarter of 2018.

The median sales tax in Oreana for the most recent year with available data, 2017, was $1,873, approximately 2.1% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Long Creek251656.3%$139,900$127,00010.2%
Mount Zion2840-30%$124,750$129,400-3.6%
Harristown57-28.6%$103,000$62,00066.1%
Argenta47-42.9%$101,500$75,00035.3%
Niantic23-33.3%$100,500$99,5001%
Oreana6450%$87,750$99,500-11.8%
Maroa136116.7%$83,000$77,0007.8%
Decatur344358-3.9%$81,500$77,5005.2%
Macon9812.5%$73,000$69,0005.8%
Blue Mound660%$71,000$93,500-24.1%
Warrensburg46-33.3%$45,550.50$86,250-47.2%

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