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Friday, April 26, 2024

Livingston home prices fall in the first quarter of 2017

Realestate5

The median sale price of a home sold in the first quarter of 2017 in Livingston fell by $26,125 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 $16,375 - a 61.5% decrease over the $42,500 median sale price for the same period of the previous year. There were two homes sold in Livingston in the first quarter of 2016, as well.

The median sales tax in Livingston for 2017 was $747.92. In 2016, the median sales tax was $732.20. This marks an increase of 2.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.6%.

The following table compares Livingston 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)
Alton8996-7.3%$62,000$58,623.505.8%
Alhambra110%$55,000$205,000-73.2%
Granite City16013617.6%$43,750$51,500-15%
East Alton321788.2%$39,250$65,000-39.6%
Hartford47-42.9%$37,250$35,0006.4%
South Roxana5425%$27,000$52,250-48.3%
Venice12-50%$26,000$11,002.50136.3%
Mitchell220%$20,000$30,000-33.3%
Madison610-40%$18,750$9,50097.4%
Livingston220%$16,375$42,500-61.5%
Forest Homes20-$3,500$0-

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