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Tuesday, December 24, 2024

New Athens home prices fall in the third quarter of 2017

Realestate5

The median sale price of a home sold in the third quarter of 2017 in New Athens fell by $29,250 while total sales decreased by 14.3%, according to BlockShopper.com.

From July through September of 2017, there were six homes sold, with a median sale price of $75,750 - a 27.9% decrease over the $105,000 median sale price for the same period of the previous year. There were seven homes sold in New Athens in the third quarter of 2016.

The median sales tax in New Athens for the most recent year with available data, 2016, was $2,338.40, approximately 3.1% of the median home sale price for the third quarter of 2017.

The following table compares New Athens 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)
Fairview Heights9697-1%$114,500$106,0008%
Belleville33028416.2%$93,500$89,5004.5%
Caseyville342630.8%$84,250$51,75062.8%
Briar Hill20-$83,000$0-
St. Libory24-50%$77,250$105,500-26.8%
New Athens67-14.3%$75,750$105,000-27.9%
Oak Hills21100%$66,000$78,500-15.9%
Crest Hill52150%$60,000$61,500-2.4%
Marissa79-22.2%$50,000$66,500-24.8%
Lenzburg220%$49,250$30,25062.8%
Fairmont City7616.7%$40,000$36,5009.6%

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