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Friday, April 19, 2024

Maryville home prices rise in the first quarter of 2017

Realestate4

The median sale price of a home sold in the first quarter of 2017 in Maryville rose by $13,050 while total sales increased by 28.6%, according to BlockShopper.com.

From January through March of 2017, there were 18 homes sold, with a median sale price of $188,000 - a 7.5% increase over the $174,950 median sale price for the same period of the previous year. There were 14 homes sold in Maryville in the first quarter of 2016.

The median sales tax in Maryville for 2017 was $4,130.30. In 2016, the median sales tax was $4,300.30. This marks an decrease of 4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Maryville to other Madison County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
New Douglas110%$312,500$89,000251.1%
Glen Carbon574042.5%$191,000$177,2507.8%
Dorsey20-$190,500$0-
Maryville181428.6%$188,000$174,9507.5%
Troy443815.8%$162,250$159,0002%
Holiday Shores16160%$161,500$163,075-1%
Brooks10-$160,000$0-
Kendall Hill12-50%$157,000$113,62538.2%
St. Jacob4333.3%$154,000$60,000156.7%
Edwardsville83117-29.1%$148,359$165,000-10.1%
Marine37-57.1%$125,000$78,00060.3%

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