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Saturday, April 20, 2024

Millstadt home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Millstadt rose by $22,000 while total sales increased by 10.8%, according to BlockShopper.com.

From January through June of 2018, there were 41 homes sold, with a median sale price of $163,000 - a 15.6% increase over the $141,000 median sale price for the same period of the previous year. There were 37 homes sold in Millstadt in the first half of 2017.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120, approximately 2.5% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Shiloh95941.1%$208,100$194,5007%
Smithton2740-32.5%$205,000$173,75018%
O'Fallon31627813.7%$195,750$190,0003%
Freeburg422568%$172,625$125,00038.1%
Mascoutah8689-3.4%$164,500$163,5000.6%
Millstadt413710.8%$163,000$141,00015.6%
St. Libory5425%$160,000$130,00023.1%
Swansea11510410.6%$160,000$158,2501.1%
Briar Hill49-55.6%$150,450$147,0002.3%
Lebanon38372.7%$124,250$127,500-2.5%
Fairview Heights16914615.8%$113,500$113,750-0.2%

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