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Friday, April 19, 2024

Miller home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Miller rose by $44,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $189,250 - a 30.3% increase over the $145,250 median sale price for the same period of the previous year. There were two homes sold in Miller in the first quarter of 2016, as well.

The median sales tax in Miller for the most recent year with available data, 2016, was $3,570.70, approximately 1.9% of the median home sale price for the first quarter of 2017.

The following table compares Miller to other St. Clair 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)
Miller220%$189,250$145,25030.3%
Freeburg1113-15.4%$178,000$127,00040.2%
Shiloh3542-16.7%$165,000$180,000-8.3%
Briar Hill42100%$164,500$132,50024.2%
Mascoutah2832-12.5%$163,750$140,00017%
O'Fallon98962.1%$153,000$188,500-18.8%
Smithton141216.7%$145,750$109,00033.7%
Swansea4143-4.7%$144,000$143,0000.7%
Millstadt191258.3%$141,000$153,000-7.8%
Lebanon1522-31.8%$130,000$107,00021.5%
Collinsville161145.5%$118,750$67,00077.2%

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