In May 2018, there were 59 homes sold, with a median sale price of $56,000 - a 5.4% decrease over the $59,200 median sale price for the same period of the previous year. There were 68 homes sold in Granite City in May 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 May 2018.
The following table compares Granite City to other Madison County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Collinsville | 42 | 35 | 20% | $90,000 | $103,000 | -12.6% |
| Meadowbrook | 1 | 0 | - | $84,000 | $0 | - |
| Wood River | 17 | 23 | -26.1% | $79,000 | $55,000 | 43.6% |
| Pontoon Beach | 6 | 7 | -14.3% | $71,750 | $63,000 | 13.9% |
| Cedar Park | 2 | 1 | 100% | $69,875 | $100,000 | -30.1% |
| Granite City | 59 | 68 | -13.2% | $56,000 | $59,200 | -5.4% |
| Hartford | 4 | 1 | 300% | $51,000 | $69,500 | -26.6% |
| Alton | 52 | 47 | 10.6% | $49,787.50 | $72,000 | -30.9% |
| Roxana | 4 | 4 | 0% | $44,900 | $62,450 | -28.1% |
| State Park Place | 1 | 1 | 0% | $41,500 | $8,000 | 418.8% |
| Livingston | 1 | 2 | -50% | $41,000 | $79,000 | -48.1% |
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