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Saturday, June 21, 2025

What happened to the median home price in Niantic during the fourth quarter of 2020?

Webp realestate077

The median sale price of a home sold in the fourth quarter of 2020 in Niantic fell by $11,400 while total sales increased by 66.7%, according to BlockShopper.com.

From October through December of 2020, there were five homes sold, with a median sale price of $89,600 - a 11.3% decrease over the $101,000 median sale price for the same period of the previous year. There were three homes sold in Niantic in the fourth quarter of 2019.

The median sales tax in Niantic for the most recent year with available data, 2017, was $1,891, approximately 2.1% of the median home sale price for the fourth quarter of 2020.

The following table compares Niantic to other Macon County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Maroa610-40%$150,500$70,150114.5%
Mount Zion322910.3%$136,750$161,700-15.4%
Blue Mound11837.5%$134,000$80,00067.5%
Warrensburg440%$98,000$106,250-7.8%
Harristown83166.7%$93,500$146,595-36.2%
Niantic5366.7%$89,600$101,000-11.3%
Argenta61500%$88,500$76,50015.7%
Oreana6520%$79,200$154,000-48.6%
Boody21100%$72,500$2,0003525%
Decatur38032118.4%$72,000$60,00020%
Macon72250%$55,000$45,70020.4%

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