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East Central Reporter

Saturday, November 23, 2024

Oblong home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Oblong rose by $63,500 while total sales decreased by 60%, according to BlockShopper.com.

In July 2018, there were eight homes sold, with a median sale price of $105,000 - a 153% increase over the $41,500 median sale price for the same period of the previous year. There were 20 homes sold in Oblong in July 2017.

The median sales tax in Oblong for the most recent year with available data, 2016, was $1,224, approximately 1.2% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Oblong820-60%$105,000$41,500153%
Robinson1871-74.6%$76,500$73,0004.8%
Palestine416-75%$59,250$64,000-7.4%
Hutsonville12-50%$38,000$65,000-41.5%
Annapolis00-$0$0-
Flat Rock01-100%$0$70,000-100%

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