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Monday, November 25, 2024

Centreville home prices fall in 2017

Realestate1

The median sale price of a home sold in 2017 in Centreville fell by $5,000 while total sales increased by 5.6%, according to BlockShopper.com.

From January through December of 2017, there were 19 homes sold, with a median sale price of $7,500 - a 40% decrease over the $12,500 median sale price for the previous year. There were 18 homes sold in Centreville in 2016.

The median sales tax in Centreville for the most recent year with available data, 2016, was $654, approximately 8.7% of the median home sale price for 2017.

The following table compares Centreville 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)
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%
Centreville19185.6%$7,500$12,500-40%
Washington Park69-33.3%$4,750$4,00018.8%

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