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Tuesday, November 26, 2024

Glen Carbon home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Glen Carbon fell by $25,450 while total sales increased by 110%, according to BlockShopper.com.

In December 2017, there were 21 homes sold, with a median sale price of $188,000 - a 11.9% decrease over the $213,450 median sale price for the same period of the previous year. There were 10 homes sold in Glen Carbon in December 2016.

The median sales tax in Glen Carbon for 2017 was $4,494. In 2016, the median sales tax was $4,093. This marks an increase of 9.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Glen Carbon to other Madison County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Worden330%$199,500$31,300537.4%
Hamel20-$190,500$0-
Glen Carbon2110110%$188,000$213,450-11.9%
Edwardsville3637-2.7%$182,000$164,50010.6%
Holiday Shores5366.7%$177,000$140,00026.4%
Maryville11110%$159,000$225,000-29.3%
Marine110%$158,000$102,00054.9%
Highland1920-5%$150,000$153,000-2%
Godfrey2329-20.7%$136,000$121,50011.9%
Troy1120-45%$135,000$184,500-26.8%
Bethalto191435.7%$123,000$101,87520.7%

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