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Friday, April 19, 2024

East Alton home prices rise in April 2017

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The median sale price of a home sold in April 2017 in East Alton rose by $9,000 while total sales increased by 22.2%, according to BlockShopper.com.

In April 2017, there were 11 homes sold, with a median sale price of $82,000 - a 12.3% increase over the $73,000 median sale price for the same period of the previous year. There were nine homes sold in East Alton in April 2016.

The median sales tax in East Alton for 2017 was $1,616. In 2016, the median sales tax was $1,580. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares East Alton 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)
Worden6450%$96,000$55,75072.2%
Meadowbrook21100%$93,500$62,00050.8%
Rosewood Heights57-28.6%$92,500$106,000-12.7%
Wood River201442.9%$85,750$62,50037.2%
Cedar Park10-$82,500$0-
East Alton11922.2%$82,000$73,00012.3%
Livingston10-$82,000$0-
Hartford31200%$64,000$20,000220%
Alton45450%$63,000$66,500-5.3%
Roxana30-$62,490$0-
South Roxana14-75%$60,000$22,250169.7%

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