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Sunday, November 24, 2024

Washington Park home prices rise in 2017

Realestate3

The median sale price of a home sold in 2017 in Washington Park rose by $750 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through December of 2017, there were six homes sold, with a median sale price of $4,750 - a 18.8% increase over the $4,000 median sale price for the previous year. There were nine homes sold in Washington Park in 2016.

The median sales tax in Washington Park for the most recent year with available data, 2016, was $522, approximately 11% of the median home sale price for 2017.

The following table compares Washington Park 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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