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Sunday, November 24, 2024

Swansea 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 Swansea rose by $10,000 while total sales increased by 8.4%, according to BlockShopper.com.

From July through December of 2017, there were 116 homes sold, with a median sale price of $160,000 - a 6.7% increase over the $150,000 median sale price for the same period of the previous year. There were 107 homes sold in Swansea in the second half of 2016.

The median sales tax in Swansea for the most recent year with available data, 2016, was $3,664, approximately 2.3% of the median home sale price for the second half of 2017.

The following table compares Swansea 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)
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%
Lebanon3550-30%$113,000$105,0007.6%
St. Libory440%$109,750$105,5004%

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