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Monday, December 23, 2024

East St. Louis home prices fall in the third quarter of 2017

Realestate4

The median sale price of a home sold in the third quarter of 2017 in East St. Louis fell by $1,750 while total sales decreased by 8.3%, according to BlockShopper.com.

From July through September of 2017, there were 22 homes sold, with a median sale price of $10,000 - a 14.9% decrease over the $11,750 median sale price for the same period of the previous year. There were 24 homes sold in East St. Louis in the third quarter of 2016.

The median sales tax in East St. Louis for the most recent year with available data, 2016, was $543.10, approximately 5.4% of the median home sale price for the third quarter of 2017.

The following table compares East St. Louis 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)
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%
Dupo171421.4%$33,000$79,000-58.2%
Alorton21100%$32,500$15,000116.7%
Cahokia73695.8%$20,500$20,0002.5%
Centreville13-66.7%$17,000$13,00030.8%
East St. Louis2224-8.3%$10,000$11,750-14.9%
Washington Park14-75%$7,000$4,50055.6%

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