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Monday, November 25, 2024

Milledgeville home prices fall in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in Milledgeville fell by $17,875 while total sales increased by 33.3%, according to BlockShopper.com.

From April through June of 2019, there were four homes sold, with a median sale price of $64,625 - a 21.7% decrease over the $82,500 median sale price for the same period of the previous year. There were three homes sold in Milledgeville in the second quarter of 2018.

The median sales tax in Milledgeville for the most recent year with available data, 2018, was $1,801, approximately 2.8% of the median home sale price for the second quarter of 2019.

The following table compares Milledgeville to other Carroll County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Lanark7616.7%$68,000$55,50022.5%
Milledgeville4333.3%$64,625$82,500-21.7%
Chadwick41300%$52,750$70,000-24.6%
Thomson3250%$49,000$52,250-6.2%
Savanna1922-13.6%$28,000$44,500-37.1%
Mount Carroll38-62.5%$25,500$63,000-59.5%
Shannon330%$24,500$78,000-68.6%

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