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Macon Reporter

Wednesday, November 27, 2024

Niantic home prices rise 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 Niantic rose by $1,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2019, there were two homes sold, with a median sale price of $100,500 - a 1% increase over the $99,500 median sale price for the same period of the previous year. There were three homes sold in Niantic in the third 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 third quarter of 2019.

The following table compares Niantic 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)
Oakley61500%$155,000$269,000-42.4%
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%

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