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South Central Reporter

Saturday, November 23, 2024

Niantic home prices fall in January 2019

Realestate2

The median sale price of a home sold in January 2019 in Niantic fell by $4,050 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2019, there were two homes sold, with a median sale price of $46,750 - a 8% decrease over the $50,800 median sale price for the same period of the previous year. There were two homes sold in Niantic in January 2018, as well.

The median sales tax in Niantic for the most recent year with available data, 2017, was $1,891, approximately 4% of the median home sale price for January 2019.

The following table compares Niantic to other Macon County cities in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Maroa220%$229,750$86,000167.2%
Forsyth23-33.3%$192,250$240,000-19.9%
Oreana30-$150,000$0-
Mount Zion1111000%$133,500$497,500-73.2%
Harristown15-80%$121,000$80,00051.3%
Warrensburg110%$103,000$77,00033.8%
Blue Mound12-50%$77,500$203,000-61.8%
Niantic220%$46,750$50,800-8%
Macon10-$37,000$0-
Decatur6265-4.6%$36,250$53,000-31.6%
Boody00-$0$0-
Long Creek02-100%$0$65,888.50-100%
Oakley01-100%$0$100,000-100%
Argenta00-$0$0-

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