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Saturday, April 20, 2024

Belleville home prices fall 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 Belleville fell by $3,500 while total sales increased by 9.9%, according to BlockShopper.com.

From January through March of 2017, there were 244 homes sold, with a median sale price of $76,500 - a 4.4% decrease over the $80,000 median sale price for the same period of the previous year. There were 222 homes sold in Belleville in the first quarter of 2016.

The median sales tax in Belleville for the most recent year with available data, 2016, was $2,426.20, approximately 3.2% of the median home sale price for the first quarter of 2017.

The following table compares Belleville 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)
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%
Fairmont City110%$85,000$40,000112.5%
Belleville2442229.9%$76,500$80,000-4.4%
Dupo812-33.3%$68,000$56,50020.4%
Caseyville2210120%$63,000$41,00053.7%
Lenzburg21100%$46,500$10,000365%
Summerfield21100%$46,000$9,000411.1%
North Dupo23-33.3%$42,500$48,500-12.4%

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