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Sunday, November 24, 2024

Godfrey home prices fall in January 2018

Re 11

The median sale price of a home sold in January 2018 in Godfrey fell by $29,100 while total sales increased by 23.5%, according to BlockShopper.com.

In January 2018, there were 21 homes sold, with a median sale price of $114,900 - a 20.2% decrease over the $144,000 median sale price for the same period of the previous year. There were 17 homes sold in Godfrey in January 2017.

The median sales tax in Godfrey for the most recent year with available data, 2017, was $2,740, approximately 2.4% of the median home sale price for January 2018.

The following table compares Godfrey 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)
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%
Hamel110%$110,000$143,000-23.1%
Collinsville352634.6%$101,500$92,4679.8%
Highland914-35.7%$99,000$113,247.50-12.6%
Bethalto812-33.3%$84,950$92,000-7.7%
Rosewood Heights3250%$84,000$61,00037.7%

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