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Saturday, April 20, 2024

Millstadt home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Millstadt fell by $8,500 while total sales decreased by 40%, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $131,500 - a 6.1% decrease over the $140,000 median sale price for the same period of the previous year. There were five homes sold in Millstadt in January 2016.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120, approximately 3.1% of the median home sale price for January 2017.

The following table compares Millstadt to other St. Clair County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Freeburg220%$178,250$113,50057%
Shiloh911-18.2%$176,000$179,500-1.9%
Briar Hill40-$164,500$0-
Lebanon48-50%$162,500$97,50066.7%
Mascoutah82300%$155,000$202,250-23.4%
Millstadt35-40%$131,500$140,000-6.1%
O'Fallon252025%$120,000$191,500-37.3%
Swansea10911.1%$118,750$137,000-13.3%
Smithton220%$87,000$75,00016%
Belleville775540%$76,000$72,5004.8%
Fairview Heights1014-28.6%$73,000$61,50018.7%

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