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Monday, November 25, 2024

Lenzburg home prices rise in 2017

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The median sale price of a home sold in 2017 in Lenzburg rose by $1,500 while total sales increased by 80%, according to BlockShopper.com.

From January through December of 2017, there were nine homes sold, with a median sale price of $40,000 - a 3.9% increase over the $38,500 median sale price for the previous year. There were five homes sold in Lenzburg in 2016.

The median sales tax in Lenzburg for the most recent year with available data, 2016, was $1,286, approximately 3.2% of the median home sale price for 2017.

The following table compares Lenzburg 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)
New Athens322339.1%$61,250$92,500-33.8%
Crest Hill10825%$46,500$30,00055%
Marissa2528-10.7%$44,000$51,500-14.6%
Oak Hills46-33.3%$42,000$95,000-55.8%
Fairmont City131118.2%$41,000$43,000-4.7%
Lenzburg9580%$40,000$38,5003.9%
North Dupo6520%$34,000$48,500-29.9%
Cahokia31227214.7%$23,500$20,75013.3%
Alorton3250%$15,000$12,75017.6%
East St. Louis91865.8%$11,000$11,500-4.3%
East Carondelet12-50%$11,000$25,250-56.4%

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