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Sunday, November 24, 2024

Granite City home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Granite City rose by $20,375 while total sales decreased by 12.7%, according to BlockShopper.com.

In January 2018, there were 48 homes sold, with a median sale price of $55,375 - a 58.2% increase over the $35,000 median sale price for the same period of the previous year. There were 55 homes sold in Granite City in January 2017.

The median sales tax in Granite City for the most recent year with available data, 2017, was $1,487, approximately 2.7% of the median home sale price for January 2018.

The following table compares Granite City 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)
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%
Alton392095%$69,900$59,25018%
Wood River512-58.3%$61,000$28,700112.5%
Granite City4855-12.7%$55,375$35,00058.2%
Roxana21100%$54,755$82,500-33.6%
East Alton711-36.4%$50,000$62,000-19.4%
Mitchell110%$43,000$25,00072%
South Roxana21100%$40,628$32,50025%
Livingston110%$30,000$14,000114.3%

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