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

How did home prices perform in Godfrey 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 Godfrey rose by $1,000 while total sales increased by 131.8%, according to BlockShopper.com.

From July through December of 2021, there were 197 homes sold, with a median sale price of $164,000 – a 0.6% increase over the $163,000 median sale price for the same period of the previous year. There were 85 homes sold in Godfrey in the second half of 2020.

The median sales tax in Godfrey for the most recent year with available data, 2018, was $2,889, approximately 1.8% of the median home sale price for the second half of 2021.

The following table compares Godfrey 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)
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%
Kendall Hill 6 6 0% $173,500 $162,950 6.5%
Lakeview Acres 8 1 700% $170,270 $150,000 13.5%
Godfrey 197 85 131.8% $164,000 $163,000 0.6%
Marine 10 9 11.1% $155,000 $199,000 -22.1%
Brooks 4 2 100% $150,000 $135,500 10.7%
Collinsville 214 136 57.4% $139,350 $129,500 7.6%
Bethalto 97 60 61.7% $137,000 $124,200 10.3%
Worden 12 10 20% $122,500 $142,500 -14%


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