From July through December of 2017, there were 252 homes sold, with a median sale price of $190,000. There were 247 homes sold in Edwardsville in the second half of 2016, and the median sales price for the period was also $190,000.
The median sales tax in Edwardsville for 2017 was $4,028. In 2016, the median sales tax was $3,621. This marks an increase of 11.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Edwardsville to other Madison County cities with similar median sales prices in the second half of 2017:
City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Worden | 17 | 18 | -5.6% | $201,500 | $84,450 | 138.6% |
Edwardsville | 252 | 247 | 2% | $190,000 | $190,000 | 0% |
Holiday Shores | 26 | 33 | -21.2% | $188,500 | $180,000 | 4.7% |
Glen Carbon | 109 | 111 | -1.8% | $188,000 | $198,000 | -5.1% |
St. Jacob | 10 | 11 | -9.1% | $186,500 | $118,000 | 58.1% |
Maryville | 72 | 79 | -8.9% | $185,000 | $192,000 | -3.6% |
Troy | 134 | 97 | 38.1% | $168,584 | $168,500 | 0% |
Kendall Hill | 5 | 7 | -28.6% | $150,000 | $167,000 | -10.2% |
Marine | 6 | 16 | -62.5% | $141,500 | $129,050 | 9.6% |
Highland | 139 | 163 | -14.7% | $134,000 | $147,644 | -9.2% |
Dorsey | 6 | 4 | 50% | $126,600 | $242,450 | -47.8% |