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Monday, November 25, 2024

Millstadt home prices rise in 2017

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The median sale price of a home sold in 2017 in Millstadt rose by $6,000 while total sales increased by 9.6%, according to BlockShopper.com.

From January through December of 2017, there were 80 homes sold, with a median sale price of $162,000 - a 3.8% increase over the $156,000 median sale price for the previous year. There were 73 homes sold in Millstadt in 2016.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120, approximately 2.5% of the median home sale price for 2017.

The following table compares Millstadt to other St. Clair 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)
O'Fallon590603-2.2%$199,250$189,0005.4%
Shiloh198199-0.5%$197,250$193,5001.9%
Miller131030%$188,000$155,00021.3%
Smithton78728.3%$180,000$201,250-10.6%
Mascoutah1681661.2%$166,500$157,0006.1%
Millstadt80739.6%$162,000$156,0003.8%
Swansea220232-5.2%$159,500$146,5008.9%
Freeburg75707.1%$142,500$159,000-10.4%
St. Libory880%$126,250$88,50042.7%
Lebanon7290-20%$123,500$105,00017.6%
Collinsville785834.5%$115,250$99,25016.1%

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