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Friday, April 26, 2024

Bethalto home prices rise 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 Bethalto rose by $5,050 while total sales decreased by 1.7%, according to BlockShopper.com.

From April through June of 2018, there were 58 homes sold, with a median sale price of $118,950 - a 4.4% increase over the $113,900 median sale price for the same period of the previous year. There were 59 homes sold in Bethalto in the second quarter of 2017.

The median sales tax in Bethalto for the most recent year with available data, 2017, was $2,465.80, approximately 2.1% of the median home sale price for the second quarter of 2018.

The following table compares Bethalto 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)
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%
Highland4763-25.4%$116,000$146,000-20.5%
Moro136116.7%$114,000$108,7004.9%
Collinsville108112-3.6%$109,500$110,000-0.5%
Meadowbrook330%$99,000$62,00059.7%

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