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Friday, May 3, 2024

Milledgeville home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Milledgeville rose by $43,250 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2017, there were three homes sold, with a median sale price of $83,000 - a 108.8% increase over the $39,750 median sale price for the same period of the previous year. There were six homes sold in Milledgeville in the third quarter of 2016.

The median sales tax in Milledgeville for 2017 was $1,781.05. In 2016, the median sales tax was $1,806.90. This marks an decrease of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Milledgeville to other Carroll County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Milledgeville36-50%$83,000$39,750108.8%
Chadwick25-60%$79,500$66,00020.5%
Shannon36-50%$65,000$50,62528.4%
Lanark912-25%$60,000$58,2503%
Mount Carroll105100%$56,250$61,000-7.8%
Savanna1216-25%$41,000$35,00017.1%
Thomson03-100%$0$197,000-100%

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