How did home prices perform in Dorsey during the second half of 2021?

How did home prices perform in Dorsey 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 Dorsey fell by $65,250 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2021, there were four homes sold, with a median sale price of $232,450 – a 21.9% decrease over the $297,700 median sale price for the same period of the previous year. There were two homes sold in Dorsey in the second half of 2020.

The median sales tax in Dorsey for the most recent year with available data, 2018, was $3,232, approximately 1.4% of the median home sale price for the second half of 2021.

The following table compares Dorsey 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)
Maryville 73 48 52.1% $255,000 $229,950 10.9%
Glen Carbon 123 61 101.6% $250,000 $232,500 7.5%
Dorsey 4 2 100% $232,450 $297,700 -21.9%
Holiday Shores 27 15 80% $227,000 $242,000 -6.2%
St. Jacob 8 4 100% $216,000 $179,950 20%
Hamel 8 8 0% $212,450 $185,000 14.8%
Edwardsville 269 177 52% $209,250 $209,000 0.1%
Alhambra 7 14 -50% $205,000 $104,000 97.1%
Troy 89 82 8.5% $200,000 $211,625 -5.5%
Moro 14 7 100% $187,500 $290,000 -35.3%
Highland 138 68 102.9% $177,123.50 $155,500 13.9%


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