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Tuesday, April 23, 2024

Glen Carbon home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Glen Carbon rose by $114,500 while total sales decreased by 50%, according to BlockShopper.com.

In January 2018, there were seven homes sold, with a median sale price of $247,000 - a 86.4% increase over the $132,500 median sale price for the same period of the previous year. There were 14 homes sold in Glen Carbon in January 2017.

The median sales tax in Glen Carbon for the most recent year with available data, 2017, was $4,494, approximately 1.8% of the median home sale price for January 2018.

The following table compares Glen Carbon to other Madison County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Glen Carbon714-50%$247,000$132,50086.4%
Grantfork10-$185,000$0-
Edwardsville2125-16%$180,000$177,0001.7%
Holiday Shores26-66.7%$173,391.50$173,0000.2%
Maryville550%$162,000$135,00020%
Troy917-47.1%$149,900$160,000-6.3%
Alhambra10-$142,000$0-
Moro3250%$132,500$147,000-9.9%
Cedar Park10-$129,000$0-
Pontoon Beach45-20%$125,000$101,50023.2%
Godfrey211723.5%$114,900$144,000-20.2%

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