From January through December of 2017, there were 110 homes sold, with a median sale price of $65,663 - a 5.9% increase over the $62,000 median sale price for the previous year. There were 108 homes sold in East Alton in 2016.
The median sales tax in East Alton for 2017 was $1,616. In 2016, the median sales tax was $1,580. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares East Alton to other Madison County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Alhambra | 12 | 15 | -20% | $100,000 | $131,000 | -23.7% |
Rosewood Heights | 71 | 79 | -10.1% | $92,500 | $94,900 | -2.5% |
Cedar Park | 12 | 6 | 100% | $91,500 | $70,750 | 29.3% |
Mitchell | 14 | 12 | 16.7% | $73,950 | $59,000 | 25.3% |
Pontoon Beach | 57 | 59 | -3.4% | $73,500 | $100,000 | -26.5% |
East Alton | 110 | 108 | 1.9% | $65,662.50 | $62,000 | 5.9% |
Wood River | 193 | 198 | -2.5% | $65,000 | $61,250 | 6.1% |
Alton | 473 | 485 | -2.5% | $64,000 | $54,000 | 18.5% |
Roxana | 25 | 24 | 4.2% | $62,490 | $51,500 | 21.3% |
Granite City | 611 | 633 | -3.5% | $55,000 | $55,000 | 0% |
New Douglas | 12 | 6 | 100% | $51,450 | $140,000 | -63.3% |