How did home prices perform in Glen Carbon during the fourth quarter of 2021?

How did home prices perform in Glen Carbon during the fourth quarter of 2021?
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The median sale price of a home sold in the fourth quarter of 2021 in Glen Carbon rose by $1,625 while total sales increased by 162.5%, according to BlockShopper.com.

From October through December of 2021, there were 42 homes sold, with a median sale price of $264,625 – a 0.6% increase over the $263,000 median sale price for the same period of the previous year. There were 16 homes sold in Glen Carbon in the fourth quarter of 2020.

The median sales tax in Glen Carbon for the most recent year with available data, 2018, was $4,601, approximately 1.7% of the median home sale price for the fourth quarter of 2021.

The following table compares Glen Carbon to other Madison County cities with similar median sale prices in the fourth quarter of 2021:

City Oct. – Dec. 2021 Home Sales Oct. – Dec. 2020 Home Sales % change (Total Home Sales) Oct. – Dec. 2021 Median Sales Price Oct. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Dorsey 1 1 0% $450,000 $249,900 80.1%
Holiday Shores 8 6 33.3% $321,450 $246,000 30.7%
Alhambra 2 7 -71.4% $302,500 $241,000 25.5%
Glen Carbon 42 16 162.5% $264,625 $263,000 0.6%
Maryville 24 19 26.3% $258,450 $229,900 12.4%
St. Jacob 3 3 0% $226,000 $169,900 33%
Kendall Hill 2 3 -33.3% $219,950 $163,000 34.9%
Edwardsville 91 84 8.3% $198,900 $209,500 -5.1%
Hamel 2 4 -50% $192,450 $204,200 -5.8%
Troy 22 40 -45% $185,000 $192,250 -3.8%
Lakeview Acres 7 1 600% $172,000 $150,000 14.7%


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