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Metro East Sun

Monday, November 25, 2024

Alhambra home prices fall in 2017

Realestate3

The median sale price of a home sold in 2017 in Alhambra fell by $31,000 while total sales decreased by 20%, according to BlockShopper.com.

From January through December of 2017, there were 12 homes sold, with a median sale price of $100,000 - a 23.7% decrease over the $131,000 median sale price for the previous year. There were 15 homes sold in Alhambra in 2016.

The median sales tax in Alhambra for 2017 was $2,925. In 2016, the median sales tax was $2,965. This marks an decrease of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Alhambra 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)
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%
Rosewood Heights7179-10.1%$92,500$94,900-2.5%
Cedar Park126100%$91,500$70,75029.3%
Mitchell141216.7%$73,950$59,00025.3%
Pontoon Beach5759-3.4%$73,500$100,000-26.5%
East Alton1101081.9%$65,662.50$62,0005.9%

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