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East Central Reporter

Friday, November 22, 2024

Oblong home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Oblong rose by $36,000 while total sales decreased by 50%, according to BlockShopper.com.

In January 2017, there were two homes sold, with a median sale price of $53,500 - a 205.7% increase over the $17,500 median sale price for the same period of the previous year. There were four homes sold in Oblong in January 2016.

The median sales tax in Oblong for the most recent year with available data, 2016, was $1,224, approximately 2.3% of the median home sale price for January 2017.

The following table compares Oblong to other Crawford County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Oblong24-50%$53,500$17,500205.7%
Robinson1114-21.4%$47,000$83,700-43.8%
Flat Rock10-$5,000$0-
Palestine03-100%$0$25,000-100%
Hutsonville02-100%$0$32,000-100%
Annapolis00-$0$0-

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