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Thursday, November 21, 2024

Midland County home prices rose in Q1

Realestate2

The median sale price of a home sold in the first quarter of 2023 in Midland County rose by $11,120 while total sales decreased by 53.3%.

From January through March of 2023, there were 433 homes sold, with a median sale price of $222,870 - a 5.3% increase over the $211,750 median sale price for the same period of the previous year. There were 928 homes sold in Midland County in the first quarter of 2022.

The median sales tax in Midland County for the most recent year with available data, 2021, was $2,724 approximately 1.2% of the median home sale price for the first quarter of 2023.

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

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$211750$211750$197940$197940$210310$210310$215710$215710$222870$222870

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