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Sunday, December 22, 2024

Morgan County median home valuation prices fell by 11.8% in August 2024 compared to August 2023

Realestate2

In August, the median sale price of a home in Morgan County fell by $17,000 from the same period in the previous year, while total sales decreased by 91.7%, according to BlockShopper.com.

Data shows that there were three homes sold in August, with a median sale price of $127,000 - an 11.8% decrease from the $144,000 median sale price for the same period of the previous year. There were 36 homes sold in Morgan County in August 2023.

For context, the median sales tax in Morgan County, based on the latest available data from 2021, was $1,866, which stands at 1.5% of August's median home sale price.

The following histogram displays changes in median sales prices in Morgan County from August 2023 to August 2024.

August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024$144,000$144,000$108,250$108,250$121,700$121,700$117,750$117,750$90,000$90,000$105,560$105,560$120,000$120,000$110,000$110,000$50,000$50,000$176,000$176,000$115,000$115,000$136,000$136,000$127,000$127,000

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