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Monday, November 25, 2024

Cahokia home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Cahokia rose by $5,750 while total sales increased by 8.8%, according to BlockShopper.com.

From July through December of 2017, there were 148 homes sold, with a median sale price of $27,000 - a 27.1% increase over the $21,250 median sale price for the same period of the previous year. There were 136 homes sold in Cahokia in the second half of 2016.

The median sales tax in Cahokia for the most recent year with available data, 2016, was $1,471, approximately 5.4% of the median home sale price for the second half of 2017.

The following table compares Cahokia 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)
Crest Hill63100%$60,750$98,000-38%
Dupo333010%$55,000$84,250-34.7%
Lenzburg63100%$49,250$38,50027.9%
Marissa1214-14.3%$49,000$63,250-22.5%
Fairmont City12850%$40,500$36,50011%
Cahokia1481368.8%$27,000$21,25027.1%
Alorton31200%$15,000$15,0000%
East Carondelet110%$11,000$34,000-67.6%
East St. Louis444010%$10,750$11,250-4.4%
Centreville11837.5%$9,000$12,250-26.5%
Washington Park550%$6,500$4,00062.5%

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