From October through December of 2017, there were six homes sold, with a median sale price of $50,000. There were seven homes sold in Hartford in the fourth quarter of 2016, and the median sales price for the period was also $50,000.
The median sales tax in Hartford for 2017 was $789.30. In 2016, the median sales tax was $726.60. This marks an increase of 8.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Hartford to other Madison County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Granite City | 111 | 172 | -35.5% | $60,000 | $57,750 | 3.9% |
Brooks | 1 | 0 | - | $60,000 | $0 | - |
South Roxana | 3 | 4 | -25% | $56,000 | $24,000 | 133.3% |
Wood River | 52 | 50 | 4% | $55,000 | $55,500 | -0.9% |
Roxana | 5 | 5 | 0% | $52,900 | $65,000 | -18.6% |
Hartford | 6 | 7 | -14.3% | $50,000 | $50,000 | 0% |
Livingston | 6 | 4 | 50% | $42,500 | $35,862.50 | 18.5% |
Pontoon Beach | 10 | 19 | -47.4% | $34,050 | $107,000 | -68.2% |
Forest Homes | 1 | 2 | -50% | $20,000 | $30,500 | -34.4% |
Venice | 3 | 0 | - | $18,000 | $0 | - |
Madison | 11 | 5 | 120% | $15,900 | $12,000 | 32.5% |