From January through December of 2017, there were 25 homes sold, with a median sale price of $62,490 - a 21.3% increase over the $51,500 median sale price for the previous year. There were 24 homes sold in Roxana in 2016.
The median sales tax in Roxana for 2017 was $1,101. In 2016, the median sales tax was $1,083. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.
The following table compares Roxana 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) |
---|---|---|---|---|---|---|
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% |
Livingston | 21 | 12 | 75% | $46,000 | $42,500 | 8.2% |
Meadowbrook | 10 | 12 | -16.7% | $45,005.50 | $75,000 | -40% |
Hartford | 20 | 25 | -20% | $43,250 | $35,000 | 23.6% |