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Wednesday, April 24, 2024

Smithton 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 Smithton rose by $36,750 while total sales increased by 16.7%, according to BlockShopper.com.

From January through March of 2017, there were 14 homes sold, with a median sale price of $145,750 - a 33.7% increase over the $109,000 median sale price for the same period of the previous year. There were 12 homes sold in Smithton in the first quarter of 2016.

The median sales tax in Smithton for the most recent year with available data, 2016, was $4,556.60, approximately 3.1% of the median home sale price for the first quarter of 2017.

The following table compares Smithton 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)
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%
Fairview Heights5059-15.3%$93,000$89,0004.5%

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