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Tuesday, November 26, 2024

Edwardsville home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Edwardsville rose by $17,500 while total sales decreased by 2.7%, according to BlockShopper.com.

In December 2017, there were 36 homes sold, with a median sale price of $182,000 - a 10.6% increase over the $164,500 median sale price for the same period of the previous year. There were 37 homes sold in Edwardsville in December 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 2.2%.

The following table compares Edwardsville 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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