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Wednesday, April 24, 2024

Edwardsville home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Edwardsville fell by $41,663 while total sales increased by 48.1%, according to BlockShopper.com.

In April 2017, there were 40 homes sold, with a median sale price of $137,238 - a 23.3% decrease over the $178,900 median sale price for the same period of the previous year. There were 27 homes sold in Edwardsville in April 2016.

The median sales tax in Edwardsville for 2017 was $4,028. In 2016, the median sales tax was $3,621. This marks an increase of 11.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Edwardsville to other Madison County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Glen Carbon2022-9.1%$175,500$185,000-5.1%
Lakeview Acres110%$158,500$135,00017.4%
Hamel10-$149,900$0-
Troy1819-5.3%$148,500$160,000-7.2%
Highland2125-16%$146,000$179,000-18.4%
Edwardsville402748.1%$137,237.50$178,900-23.3%
Mitchell110%$124,000$64,90091.1%
Holiday Shores25-60%$119,250$198,000-39.8%
Godfrey342536%$116,250$153,000-24%
Kendall Hill10-$116,000$0-
Bethalto1827-33.3%$114,450$127,000-9.9%

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