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East Central Reporter

Friday, May 3, 2024

Falling home prices in Oblong in March 2021

Realestate5

The median sale price of a home sold in March 2021 in Oblong fell by $55,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2021, there were two homes sold, with a median sale price of $19,000 - a 74.5% decrease over the $74,500 median sale price for the same period of the previous year. There were three homes sold in Oblong in March 2020.

The median sales tax in Oblong for the most recent year with available data, 2019, was $1,227, approximately 6.5% of the median home sale price for March 2021.

The following table compares Oblong to other Crawford County cities in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Hutsonville42100%$138,200$56,000146.8%
Palestine5366.7%$85,000$76,00011.8%
Robinson161060%$79,950$71,50011.8%
Annapolis10-$75,000$0-
Oblong23-33.3%$19,000$74,500-74.5%
Flat Rock00-$0$0-

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