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East Central Reporter

Sunday, May 26, 2024

Oblong median home prices fell by 77.1% in August 2021

Realestate4

The median sale price of a home sold in August 2021 in Oblong fell by $74,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In August 2021, there were three homes sold, with a median sale price of $22,000 - a 77.1% decrease over the $96,000 median sale price for the same period of the previous year. There were nine homes sold in Oblong in August 2020.

The median sales tax in Oblong for the most recent year with available data, 2019, was $1,227, approximately 5.6% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Robinson2510150%$89,000$89,500-0.6%
Hutsonville10-$33,000$0-
Oblong39-66.7%$22,000$96,000-77.1%
Palestine4333.3%$19,500$55,000-64.5%
Annapolis00-$0$0-
Flat Rock01-100%$0$86,000-100%

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