Quantcast

Metro East Sun

Tuesday, December 24, 2024

Hamel home prices fall in the third quarter of 2017

Re 12

The median sale price of a home sold in the third quarter of 2017 in Hamel fell by $47,250 while total sales decreased by 75%, according to BlockShopper.com.

From July through September of 2017, there were two homes sold, with a median sale price of $118,250 - a 28.5% decrease over the $165,500 median sale price for the same period of the previous year. There were eight homes sold in Hamel in the third quarter of 2016.

The median sales tax in Hamel for 2017 was $3,647.32. In 2016, the median sales tax was $3,076.30. This marks an increase of 18.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

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

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Kendall Hill45-20%$159,000$169,900-6.4%
Lakeview Acres21100%$153,500$134,00014.6%
Highland6797-30.9%$135,000$132,0002.3%
Bethalto5666-15.2%$119,450$112,4506.2%
Collinsville109143-23.8%$118,500$107,50010.2%
Hamel28-75%$118,250$165,500-28.5%
Godfrey7387-16.1%$114,000$113,0000.9%
Rosewood Heights1229-58.6%$93,561.63$92,5001.1%
Alhambra46-33.3%$90,250$115,000-21.5%
Cedar Park20-$77,750$0-
Pontoon Beach1418-22.2%$77,000$96,000-19.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS