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Saturday, July 26, 2025

South Roxana home prices rise in August 2017

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The median sale price of a home sold in August 2017 in South Roxana rose by $22,500 while total sales increased by 50%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $35,000 - a 180% increase over the $12,500 median sale price for the same period of the previous year. There were two homes sold in South Roxana in August 2016.

The median sales tax in South Roxana for 2017 was $893. In 2016, the median sales tax was $875. This marks an increase of 2.1%. 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 South Roxana to other Madison County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Mitchell21100%$69,500$26,400163.3%
Grantfork10-$68,500$0-
Granite City67628.1%$64,000$55,25015.8%
Hartford21100%$58,500$21,280174.9%
Livingston31200%$57,900$55,0005.3%
Alton514318.6%$53,250$58,500-9%
South Roxana3250%$35,000$12,500180%
Venice10-$32,000$0-
State Park Place10-$25,000$0-
Meadowbrook20-$15,320.50$0-
Madison35-40%$15,100$30,000-49.7%

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