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Monday, November 25, 2024

Roxana home prices rise in 2017

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The median sale price of a home sold in 2017 in Roxana rose by $10,990 while total sales increased by 4.2%, according to BlockShopper.com.

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:

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)
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%
Wood River193198-2.5%$65,000$61,2506.1%
Alton473485-2.5%$64,000$54,00018.5%
Roxana25244.2%$62,490$51,50021.3%
Granite City611633-3.5%$55,000$55,0000%
New Douglas126100%$51,450$140,000-63.3%
Livingston211275%$46,000$42,5008.2%
Meadowbrook1012-16.7%$45,005.50$75,000-40%
Hartford2025-20%$43,250$35,00023.6%

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