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East Central Reporter

Monday, September 30, 2024

Oblong home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Oblong rose by $25,000 while total sales decreased by 52.8%, according to BlockShopper.com.

From July through September of 2018, there were 17 homes sold, with a median sale price of $66,500 - a 60.2% increase over the $41,500 median sale price for the same period of the previous year. There were 36 homes sold in Oblong in the third quarter of 2017.

The median sales tax in Oblong for the most recent year with available data, 2016, was $1,224, approximately 1.8% of the median home sale price for the third quarter of 2018.

The following table compares Oblong to other Crawford County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Annapolis10-$180,000$0-
Robinson44136-67.6%$94,500$80,99516.7%
Oblong1736-52.8%$66,500$41,50060.2%
Hutsonville5425%$60,000$65,000-7.7%
Palestine1127-59.3%$58,500$54,4007.5%
Flat Rock02-100%$0$91,250-100%

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