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Saturday, April 20, 2024

Millstadt home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Millstadt fell by $57,000 while total sales decreased by 43.5%, according to BlockShopper.com.

From July through September of 2018, there were 13 homes sold, with a median sale price of $133,000 - a 30% decrease over the $190,000 median sale price for the same period of the previous year. There were 23 homes sold in Millstadt in the third quarter of 2017.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120.10, approximately 3.1% of the median home sale price for the third quarter of 2018.

The following table compares Millstadt to other St. Clair County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Shiloh5760-5%$175,000$192,250-9%
Mascoutah625121.6%$172,950$177,000-2.3%
Miller4333.3%$168,700$195,000-13.5%
Swansea6566-1.5%$162,000$167,750-3.4%
Freeburg1826-30.8%$158,000$136,25016%
Millstadt1323-43.5%$133,000$190,000-30%
Fairview Heights9396-3.1%$130,000$114,50013.5%
Lebanon332437.5%$120,000$175,000-31.4%
Belleville314330-4.8%$95,000$93,5001.6%
Dupo291770.6%$90,500$33,000174.2%
Briar Hill42100%$88,000$83,0006%

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