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Wednesday, April 24, 2024

Atlanta home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Atlanta rose by $5,000 while total sales increased by 80%, according to BlockShopper.com.

In May 2017, there were nine homes sold, with a median sale price of $78,000 - a 6.8% increase over the $73,000 median sale price for the same period of the previous year. There were five homes sold in Atlanta in May 2016.

The median sales tax in Atlanta for 2017 was $1,805. In 2016, the median sales tax was $1,819. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Atlanta to other Logan County cities in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Mount Pulaski110%$125,000$120,0004.2%
Hartsburg110%$90,000$39,000130.8%
Atlanta9580%$78,000$73,0006.8%
Lincoln342536%$68,500$59,90014.4%
Emden21100%$37,750$50,000-24.5%
Elkhart00-$0$0-
New Holland00-$0$0-
Latham00-$0$0-
Middletown01-100%$0$8,000-100%

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