The median sale price of a home sold in the fourth quarter of 2021 in Mitchell fell by $43,000 while total sales increased by 50%, according to BlockShopper.com.
From October through December of 2021, there were six homes sold, with a median sale price of $51,000 – a 45.7% decrease over the $94,000 median sale price for the same period of the previous year. There were four homes sold in Mitchell in the fourth quarter of 2020.
The median sales tax in Mitchell for the most recent year with available data, 2018, was $1,304, approximately 2.6% of the median home sale price for the fourth quarter of 2021.
The following table compares Mitchell 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) |
|---|---|---|---|---|---|---|
| Alton | 109 | 75 | 45.3% | $78,500 | $62,000 | 26.6% |
| State Park Place | 1 | 2 | -50% | $65,000 | $38,000 | 71.1% |
| Forest Homes | 2 | 0 | – | $60,000 | $0 | – |
| Worden | 5 | 4 | 25% | $58,000 | $127,750 | -54.6% |
| Livingston | 6 | 3 | 100% | $56,950 | $28,000 | 103.4% |
| Mitchell | 6 | 4 | 50% | $51,000 | $94,000 | -45.7% |
| New Douglas | 1 | 4 | -75% | $45,000 | $86,674 | -48.1% |
| Hartford | 4 | 3 | 33.3% | $43,500 | $25,250 | 72.3% |
| South Roxana | 6 | 3 | 100% | $26,950 | $55,000 | -51% |
| Madison | 6 | 3 | 100% | $19,000 | $7,500 | 153.3% |
| Venice | 3 | 1 | 200% | $17,500 | $20,000 | -12.5% |
