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Sunday, November 24, 2024

Edwardsville home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Edwardsville fell by $55,600 while total sales increased by 11.4%, according to BlockShopper.com.

In November 2017, there were 49 homes sold, with a median sale price of $199,900 - a 21.8% decrease over the $255,500 median sale price for the same period of the previous year. There were 44 homes sold in Edwardsville in November 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%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Alhambra20-$265,500$0-
Edwardsville494411.4%$199,900$255,500-21.8%
St. Jacob20-$197,500$0-
Glen Carbon1620-20%$195,436.50$203,750-4.1%
Maryville151050%$185,500$187,250-0.9%
Highland25250%$146,000$164,500-11.2%
Troy191618.8%$144,900$125,95015%
Cedar Park110%$138,500$86,50060.1%
Worden25-60%$137,500$19,700598%
Bethalto131118.2%$135,000$95,00042.1%
Collinsville3036-16.7%$130,000$111,45016.6%

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