Home prices increased in East Alton during the second half of 2021

Home prices increased in East Alton during the second half of 2021
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The median sale price of a home sold in the second half of 2021 in East Alton rose by $5,100 while total sales increased by 193.5%, according to BlockShopper.com.

From July through December of 2021, there were 91 homes sold, with a median sale price of $75,000 – a 7.3% increase over the $69,900 median sale price for the same period of the previous year. There were 31 homes sold in East Alton in the second half of 2020.

The median sales tax in East Alton for the most recent year with available data, 2018, was $1,710, approximately 2.3% of the median home sale price for the second half of 2021.

The following table compares East Alton to other Madison County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Mitchell 14 6 133.3% $105,500 $79,950 32%
Livingston 10 5 100% $89,450 $28,000 219.5%
Wood River 108 50 116% $85,000 $89,705 -5.2%
Granite City 346 191 81.2% $80,000 $74,000 8.1%
Alton 303 129 134.9% $77,000 $61,000 26.2%
East Alton 91 31 193.5% $75,000 $69,900 7.3%
Roxana 20 10 100% $67,500 $37,750 78.8%
Meadowbrook 4 1 300% $59,950 $97,000 -38.2%
State Park Place 2 4 -50% $53,000 $26,000 103.8%
New Douglas 5 6 -16.7% $45,000 $86,674 -48.1%
Hartford 11 5 120% $40,000 $25,250 58.4%


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