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Monday, November 25, 2024

Miller home prices rise in the second half of 2017

Realestate077

The median sale price of a home sold in the second half of 2017 in Miller rose by $32,250 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2017, there were eight homes sold, with a median sale price of $188,500 - a 20.6% increase over the $156,250 median sale price for the same period of the previous year. There were four homes sold in Miller in the second half of 2016.

The median sales tax in Miller for the most recent year with available data, 2016, was $3,571, approximately 1.9% of the median home sale price for the second half of 2017.

The following table compares Miller to other St. Clair County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Columbia23-33.3%$214,000$353,000-39.4%
O'Fallon312319-2.2%$205,000$188,0009%
Shiloh104986.1%$199,750$205,750-2.9%
Smithton3839-2.6%$189,750$200,000-5.1%
Miller84100%$188,500$156,25020.6%
Millstadt4344-2.3%$176,000$166,2505.9%
Mascoutah7988-10.2%$173,500$157,00010.5%
Swansea1161078.4%$160,000$150,0006.7%
Freeburg504316.3%$149,500$159,000-6%
Fairview Heights1761750.6%$115,750$113,0002.4%
Collinsville382552%$113,000$108,0004.6%

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