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Tuesday, December 24, 2024

Millstadt home prices fall in the third quarter of 2017

Realestate1

The median sale price of a home sold in the third quarter of 2017 in Millstadt fell by $7,500 while total sales decreased by 23.3%, according to BlockShopper.com.

From July through September of 2017, there were 23 homes sold, with a median sale price of $190,000 - a 3.8% decrease over the $197,500 median sale price for the same period of the previous year. There were 30 homes sold in Millstadt in the third quarter of 2016.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120.10, approximately 2.2% of the median home sale price for the third quarter of 2017.

The following table compares Millstadt to other St. Clair 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)
Columbia21100%$214,000$353,000-39.4%
O'Fallon1891861.6%$205,000$196,5004.3%
Miller3250%$195,000$160,25021.7%
Shiloh60559.1%$192,250$189,0001.7%
Smithton241471.4%$190,000$201,500-5.7%
Millstadt2330-23.3%$190,000$197,500-3.8%
Mascoutah514513.3%$177,000$147,00020.4%
Lebanon2428-14.3%$175,000$103,75068.7%
Swansea665520%$167,750$180,000-6.8%
Freeburg26254%$136,250$142,000-4%
Collinsville238187.5%$130,000$131,000-0.8%

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