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Wednesday, April 24, 2024

East Alton home prices rise in June 2017

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The median sale price of a home sold in June 2017 in East Alton rose by $18,835 while total sales decreased by 23.1%, according to BlockShopper.com.

In June 2017, there were 10 homes sold, with a median sale price of $61,250 - a 44.4% increase over the $42,415 median sale price for the same period of the previous year. There were 13 homes sold in East Alton in June 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 2.6%.

The following table compares East Alton to other Madison County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Bethalto1627-40.7%$104,500$123,900-15.7%
Worden220%$92,000$200,750-54.2%
Alton45450%$72,400$62,00016.8%
Grantfork10-$70,000$0-
Wood River189100%$64,005$70,000-8.6%
East Alton1013-23.1%$61,250$42,415.1644.4%
Granite City615119.6%$52,500$67,000-21.6%
Livingston12-50%$45,000$57,000-21.1%
Pontoon Beach330%$28,000$115,000-75.7%
South Roxana13-66.7%$27,000$43,000-37.2%
New Douglas10-$24,900$0-

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