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Macon Reporter

Wednesday, November 27, 2024

Mount Zion 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 Mount Zion fell by $4,650 while total sales decreased by 30%, according to BlockShopper.com.

From July through September of 2019, there were 28 homes sold, with a median sale price of $124,750 - a 3.6% decrease over the $129,400 median sale price for the same period of the previous year. There were 40 homes sold in Mount Zion in the third quarter of 2018.

The median sales tax in Mount Zion for the most recent year with available data, 2017, was $3,068, approximately 2.5% of the median home sale price for the third quarter of 2019.

The following table compares Mount Zion 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)
Forsyth433426.5%$218,000$250,000-12.8%
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%

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