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East Central Reporter

Saturday, September 28, 2024

Oblong home prices fall in January 2018

Re 10

The median sale price of a home sold in January 2018 in Oblong fell by $1,500 while total sales increased by 100%, according to BlockShopper.com.

In January 2018, there were four homes sold, with a median sale price of $52,000 - a 2.8% decrease over the $53,500 median sale price for the same period of the previous year. There were two homes sold in Oblong in January 2017.

The median sales tax in Oblong for the most recent year with available data, 2016, was $1,224, approximately 2.4% of the median home sale price for January 2018.

The following table compares Oblong to other Crawford County cities in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Robinson1011-9.1%$73,750$47,00056.9%
Annapolis30-$71,000$0-
Oblong42100%$52,000$53,500-2.8%
Palestine10-$8,800$0-
Hutsonville00-$0$0-
Flat Rock01-100%$0$5,000-100%

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