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East Central Reporter

Saturday, November 23, 2024

Flat Rock home prices fall in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Flat Rock fell by $17,250 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From July through September of 2017, there were two homes sold, with a median sale price of $91,250 - a 15.9% decrease over the $108,500 median sale price for the same period of the previous year. There were two homes sold in Flat Rock in the third quarter of 2016, as well.

The median sales tax in Flat Rock for the most recent year with available data, 2016, was $628.70, approximately 0.7% of the median home sale price for the third quarter of 2017.

The following table compares Flat Rock to other Crawford County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Flat Rock220%$91,250$108,500-15.9%
Robinson13652161.5%$80,995$84,500-4.1%
Hutsonville41300%$65,000$87,000-25.3%
Palestine2711145.5%$54,400$18,000202.2%
Oblong3616125%$41,500$60,000-30.8%
Annapolis00-$0$0-

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