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Macon Reporter

Friday, May 3, 2024

Oreana median home prices rose by 56.1% in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Oreana rose by $46,000 while total sales increased by 40%, according to BlockShopper.com.

From January through June of 2021, there were seven homes sold, with a median sale price of $128,000 - a 56.1% increase over the $82,000 median sale price for the same period of the previous year. There were five homes sold in Oreana in the first half of 2020.

The median sales tax in Oreana for the most recent year with available data, 2017, was $1,873, approximately 1.5% of the median home sale price for the first half of 2021.

The following table compares Oreana to other Macon County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Forsyth482777.8%$244,950$201,50021.6%
Mount Zion544812.5%$146,750$133,7509.7%
Long Creek413324.2%$139,900$164,900-15.2%
Oreana7540%$128,000$82,00056.1%
Oakley5366.7%$125,000$250,000-50%
Maroa181080%$124,500$133,875-7%
Warrensburg161145.5%$116,500$87,50033.1%
Niantic13-66.7%$103,500$76,40035.5%
Macon913-30.8%$102,000$77,00032.5%
Argenta12771.4%$100,000$103,000-2.9%
Harristown181163.6%$95,500$115,000-17%

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