Forsyth home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Forsyth rose by $24,500 while total sales increased by 12.5%, according to BlockShopper.com.

From January through March of 2020, there were nine homes sold, with a median sale price of $222,000 - a 12.4% increase over the $197,500 median sale price for the same period of the previous year. There were eight homes sold in Forsyth in the first quarter of 2019.

The median sales tax in Forsyth for the most recent year with available data, 2017, was $4,781, approximately 2.2% of the median home sale price for the first quarter of 2020.

The following table compares Forsyth to other Macon County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Oakley13-66.7%$275,000$125,000120%
Forsyth9812.5%$222,000$197,50012.4%
Long Creek143366.7%$144,950$246,750-41.3%
Mount Zion221729.4%$135,000$133,5001.1%
Maroa550%$130,750$92,00042.1%
Warrensburg6450%$95,000$84,00013.1%
Argenta23-33.3%$77,750$97,000-19.8%
Harristown63100%$76,500$98,900-22.6%
Niantic220%$73,200$46,75056.6%
Oreana27-71.4%$72,875$120,000-39.3%
Macon550%$70,000$50,00040%

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