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Thursday, April 25, 2024

Oak Hills 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 Oak Hills rose by $52,500 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2018, there were four homes sold, with a median sale price of $72,500 - a 262.5% increase over the $20,000 median sale price for the same period of the previous year. There were two homes sold in Oak Hills in the first half of 2017.

The median sales tax in Oak Hills for the most recent year with available data, 2016, was $1,521, approximately 2.1% of the median home sale price for the first half of 2018.

The following table compares Oak Hills 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)
Collinsville2140-47.5%$105,000$115,750-9.3%
Belleville64958411.1%$94,900$89,0006.6%
New Athens1517-11.8%$80,000$55,00045.5%
Dupo4417158.8%$74,500$86,000-13.4%
Caseyville4244-4.5%$74,000$62,50018.4%
Oak Hills42100%$72,500$20,000262.5%
North Dupo440%$47,500$19,250146.8%
Marissa1013-23.1%$46,000$39,00017.9%
East Carondelet20-$34,650$0-
Fairmont City71600%$30,000$85,000-64.7%
Cahokia130164-20.7%$25,000$22,00013.6%

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