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Macon Reporter

Friday, May 3, 2024

Falling home prices in Oreana in June 2021

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The median sale price of a home sold in June 2021 in Oreana fell by $49,500 while total sales increased by 100%, according to BlockShopper.com.

In June 2021, there were four homes sold, with a median sale price of $105,500 - a 31.9% decrease over the $155,000 median sale price for the same period of the previous year. There were two homes sold in Oreana in June 2020.

The median sales tax in Oreana for the most recent year with available data, 2017, was $1,873, approximately 1.8% of the median home sale price for June 2021.

The following table compares Oreana to other Macon County cities in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Forsyth13785.7%$262,000$187,50039.7%
Long Creek217200%$175,000$176,000-0.6%
Mount Zion141127.3%$145,000$141,0002.8%
Harristown40-$143,000$0-
Maroa4333.3%$137,550$137,0000.4%
Blue Mound21100%$117,200$142,500-17.8%
Oreana42100%$105,500$155,000-31.9%
Argenta4333.3%$100,000$125,000-20%
Macon23-33.3%$98,700$96,0002.8%
Decatur1521501.3%$79,000$72,5009%
Warrensburg220%$74,894.50$78,500-4.6%
Niantic01-100%$0$93,000-100%
Oakley00-$0$0-
Boody00-$0$0-

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