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South Central Reporter

Monday, December 23, 2024

Rising home prices in Niantic in July 2021

Re 10

The median sale price of a home sold in July 2021 in Niantic rose by $54,950 while total sales decreased by 33.3%, according to BlockShopper.com.

In July 2021, there were two homes sold, with a median sale price of $99,450 - a 123.5% increase over the $44,500 median sale price for the same period of the previous year. There were three homes sold in Niantic in July 2020.

The median sales tax in Niantic for the most recent year with available data, 2017, was $1,891, approximately 1.9% of the median home sale price for July 2021.

The following table compares Niantic to other Macon County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Mount Zion1019-47.4%$174,250$125,00039.4%
Long Creek93200%$154,900$230,000-32.7%
Forsyth13128.3%$152,000$228,500-33.5%
Oreana23-33.3%$147,500$75,00096.7%
Blue Mound220%$140,500$138,5001.4%
Argenta10-$133,000$0-
Maroa3250%$130,000$110,45017.7%
Niantic23-33.3%$99,450$44,500123.5%
Warrensburg62200%$95,500$107,750-11.4%
Decatur14112116.5%$79,900$89,500-10.7%
Macon35-40%$60,000$90,000-33.3%

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