What happened to the median home price in Oreana during October 2021?

What happened to the median home price in Oreana during October 2021?
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The median sale price of a home sold in October 2021 in Oreana fell by $16,450 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2021, there were two homes sold, with a median sale price of $101,000 – a 14% decrease over the $117,450 median sale price for the same period of the previous year. There were two homes sold in Oreana in October 2020, as well.

The median sales tax in Oreana for the most recent year with available data, 2017, was $1,873, approximately 1.9% of the median home sale price for October 2021.

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

City Oct. 2021 Home Sales Oct. 2020 Home Sales % change (Total Home Sales) Oct. 2021 Median Sales Price Oct. 2020 Median Sales Price % change (Median Sales Price)
Forsyth 8 8 0% $259,500 $193,000 34.5%
Long Creek 4 6 -33.3% $251,053 $117,500 113.7%
Harristown 5 0 – $166,000 $0 –
Mount Zion 9 17 -47.1% $148,000 $140,000 5.7%
Niantic 1 2 -50% $125,000 $101,300 23.4%
Warrensburg 1 3 -66.7% $120,000 $86,000 39.5%
Oreana 2 2 0% $101,000 $117,450 -14%
Blue Mound 1 3 -66.7% $87,500 $145,000 -39.7%
Decatur 120 129 -7% $78,500 $70,500 11.3%
Macon 1 2 -50% $74,000 $53,750 37.7%
Maroa 0 2 -100% $0 $99,750 -100%
Boody 0 1 -100% $0 $48,000 -100%
Oakley 0 3 -100% $0 $157,000 -100%
Argenta 0 3 -100% $0 $90,000 -100%


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