December 2021: Millstadt experienced a 35.7% drop in median home prices

December 2021: Millstadt experienced a 35.7% drop in median home prices
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The median sale price of a home sold in December 2021 in Millstadt fell by $86,000 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2021, there were eight homes sold, with a median sale price of $155,000 – a 35.7% decrease over the $241,000 median sale price for the same period of the previous year. There were six homes sold in Millstadt in December 2020.

The median sales tax in Millstadt for the most recent year with available data, 2019, was $4,084, approximately 2.6% of the median home sale price for December 2021.

The following table compares Millstadt to other St. Clair County cities with similar median sale prices in December 2021:

City Dec. 2021 Home Sales Dec. 2020 Home Sales % change (Total Home Sales) Dec. 2021 Median Sales Price Dec. 2020 Median Sales Price % change (Median Sales Price)
O’Fallon 62 62 0% $245,750 $207,000 18.7%
Mascoutah 23 14 64.3% $205,000 $177,500 15.5%
Swansea 24 30 -20% $187,750 $175,400 7%
Summerfield 1 0 – $184,951.87 $0 –
Briar Hill 2 1 100% $182,541.19 $233,500 -21.8%
Millstadt 8 6 33.3% $155,000 $241,000 -35.7%
Collinsville 11 4 175% $150,000 $74,500 101.3%
Lebanon 6 11 -45.5% $134,575 $105,000 28.2%
Belleville 148 123 20.3% $130,500 $117,500 11.1%
Fairview Heights 27 39 -30.8% $130,000 $129,000 0.8%
Dupo 8 14 -42.9% $117,500 $59,925 96.1%


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