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Macon Reporter

Friday, May 3, 2024

Falling home prices in Maroa in the second quarter of 2021

Realestate077

The median sale price of a home sold in the second quarter of 2021 in Maroa fell by $5,000 while total sales increased by 180%, according to BlockShopper.com.

From April through June of 2021, there were 14 homes sold, with a median sale price of $132,000 - a 3.6% decrease over the $137,000 median sale price for the same period of the previous year. There were five homes sold in Maroa in the second quarter of 2020.

The median sales tax in Maroa for the most recent year with available data, 2017, was $2,131, approximately 1.6% of the median home sale price for the second quarter of 2021.

The following table compares Maroa to other Macon County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Forsyth301866.7%$225,000$198,12513.6%
Long Creek291861.1%$164,000$205,000-20%
Mount Zion342630.8%$148,500$133,25011.4%
Harristown105100%$136,500$129,0005.8%
Maroa145180%$132,000$137,000-3.6%
Oreana5366.7%$128,000$100,00028%
Warrensburg7540%$127,000$87,50045.1%
Oakley3250%$125,000$201,500-38%
Macon78-12.5%$102,500$84,85020.8%
Argenta8560%$97,500$103,000-5.3%
Blue Mound38-62.5%$84,500$100,500-15.9%

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