Moro median home prices fell by 51.4% in the fourth quarter of 2021

Moro median home prices fell by 51.4% in the fourth quarter of 2021
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The median sale price of a home sold in the fourth quarter of 2021 in Moro fell by $141,950 while total sales increased by 200%, according to BlockShopper.com.

From October through December of 2021, there were six homes sold, with a median sale price of $134,000 – a 51.4% decrease over the $275,950 median sale price for the same period of the previous year. There were two homes sold in Moro in the fourth quarter of 2020.

The median sales tax in Moro for the most recent year with available data, 2018, was $2,835, approximately 2.1% of the median home sale price for the fourth quarter of 2021.

The following table compares Moro 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)
Highland 55 37 48.6% $164,000 $156,000 5.1%
Godfrey 60 52 15.4% $155,000 $175,450 -11.7%
Bethalto 35 28 25% $146,000 $97,400 49.9%
Collinsville 71 60 18.3% $139,900 $126,750 10.4%
Brooks 1 0 – $135,000 $0 –
Moro 6 2 200% $134,000 $275,950 -51.4%
Pontoon Beach 12 14 -14.3% $121,050 $128,375 -5.7%
Grantfork 1 3 -66.7% $115,000 $105,000 9.5%
Rosewood Heights 21 6 250% $114,000 $141,500 -19.4%
Cedar Park 3 1 200% $104,000 $27,000 285.2%
Roxana 9 5 80% $86,000 $40,000 115%


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