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Saturday, April 20, 2024

Cahokia 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 Cahokia rose by $3,000 while total sales decreased by 20.7%, according to BlockShopper.com.

From January through June of 2018, there were 130 homes sold, with a median sale price of $25,000 - a 13.6% increase over the $22,000 median sale price for the same period of the previous year. There were 164 homes sold in Cahokia in the first half of 2017.

The median sales tax in Cahokia for the most recent year with available data, 2016, was $1,471, approximately 5.9% of the median home sale price for the first half of 2018.

The following table compares Cahokia 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)
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%
Centreville178112.5%$20,000$7,500166.7%
Summerfield14-75%$10,000$50,000-80%
East St. Louis524710.6%$10,000$11,500-13%
Crest Hill14-75%$8,000$31,250-74.4%
Washington Park51400%$5,400$2,000170%

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