Oblong home prices rise in the first half of 2020

Medium realestate2

The median sale price of a home sold in the first half of 2020 in Oblong rose by $12,250 while total sales decreased by 28.6%, according to BlockShopper.com.

From January through June of 2020, there were 10 homes sold, with a median sale price of $55,000 - a 28.7% increase over the $42,750 median sale price for the same period of the previous year. There were 14 homes sold in Oblong in the first half of 2019.

The median sales tax in Oblong for the most recent year with available data, 2019, was $1,227, approximately 2.2% of the median home sale price for the first half of 2020.

The following table compares Oblong to other Crawford County cities in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Annapolis10-$120,000$0-
Robinson6973-5.5%$93,000$95,000-2.1%
Palestine221369.2%$57,000$52,0009.6%
Hutsonville72250%$55,000$6,114799.6%
Oblong1014-28.6%$55,000$42,75028.7%
Flat Rock110%$38,000$16,000137.5%

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