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Friday, December 27, 2024

Midland County home valuation prices rose in May 2023 compared to the same period in 2022

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In May 2023, the median sale price of a home in Midland County rose by $44,237 from the same period in the previous year, while total sales decreased by 52.8%, according to BlockShopper.com.

Data shows that there were 158 homes sold in May 2023, with a median sale price of $213,890 - a 26.1% increase over the $169,653 median sale price for the same period of the previous year. There were 335 homes sold in Midland County in May 2022.

For context, the median sales tax in Midland County, based on the latest available data from 2021, was $2,724, which stands at 1.3% of May 2023's median home sale price.

The following histogram displays changes in median sales prices in Midland County from May 2022 to May 2023.

May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023$169,653$169,653$208,560$208,560$181,490$181,490$241,710$241,710$203,060$203,060$216,160$216,160$189,400$189,400$230,355$230,355$228,070$228,070$222,870$222,870$218,480$218,480$190,220$190,220$213,890$213,890

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