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Friday, April 19, 2024

St. Jacob home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in St. Jacob fell by $1,500 while total sales decreased by 20%, according to BlockShopper.com.

From April through June of 2018, there were four homes sold, with a median sale price of $159,500 - a 0.9% decrease over the $161,000 median sale price for the same period of the previous year. There were five homes sold in St. Jacob in the second quarter of 2017.

The median sales tax in St. Jacob for the most recent year with available data, 2017, was $3,596.70, approximately 2.3% of the median home sale price for the second quarter of 2018.

The following table compares St. Jacob to other Madison County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Holiday Shores913-30.8%$195,000$195,0000%
Marine440%$181,000$171,2505.7%
Worden613-53.8%$172,500$142,00021.5%
Lakeview Acres52150%$171,500$146,70016.9%
Troy5467-19.4%$164,250$163,0000.8%
St. Jacob45-20%$159,500$161,000-0.9%
Alhambra62200%$155,862$128,50021.3%
Kendall Hill45-20%$144,875$108,50033.5%
Godfrey90108-16.7%$130,450$114,95013.5%
Bethalto5859-1.7%$118,950$113,9004.4%
Rosewood Heights2228-21.4%$116,200$90,25028.8%

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