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Monday, November 25, 2024

Bethalto home prices rise in 2017

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The median sale price of a home sold in 2017 in Bethalto rose by $3,550 while total sales decreased by 20.2%, according to BlockShopper.com.

From January through December of 2017, there were 193 homes sold, with a median sale price of $117,500 - a 3.1% increase over the $113,950 median sale price for the previous year. There were 242 homes sold in Bethalto in 2016.

The median sales tax in Bethalto for 2017 was $2,466. In 2016, the median sales tax was $2,449. This marks an increase of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Bethalto to other Madison County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Dorsey11922.2%$142,200$219,000-35.1%
Highland251294-14.6%$130,000$146,700-11.4%
Lakeview Acres6520%$127,950$134,000-4.5%
Marine1330-56.7%$125,000$129,050-3.1%
Hamel17166.3%$125,000$141,500-11.7%
Bethalto193242-20.2%$117,500$113,9503.1%
Godfrey322326-1.2%$115,000$118,000-2.5%
Brooks220%$110,000$66,959.5064.3%
Collinsville433465-6.9%$110,000$107,5002.3%
Moro2040-50%$108,700$143,000-24%
Alhambra1215-20%$100,000$131,000-23.7%

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