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Sunday, July 13, 2025

Alton home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Alton fell by $22,213 while total sales increased by 10.6%, according to BlockShopper.com.

In May 2018, there were 52 homes sold, with a median sale price of $49,788 - a 30.9% decrease over the $72,000 median sale price for the same period of the previous year. There were 47 homes sold in Alton in May 2017.

The median sales tax in Alton for the most recent year with available data, 2017, was $1,537, approximately 3.1% of the median home sale price for May 2018.

The following table compares Alton to other Madison County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Wood River1723-26.1%$79,000$55,00043.6%
Pontoon Beach67-14.3%$71,750$63,00013.9%
Cedar Park21100%$69,875$100,000-30.1%
Granite City5968-13.2%$56,000$59,200-5.4%
Hartford41300%$51,000$69,500-26.6%
Alton524710.6%$49,787.50$72,000-30.9%
Roxana440%$44,900$62,450-28.1%
State Park Place110%$41,500$8,000418.8%
Livingston12-50%$41,000$79,000-48.1%
East Alton10100%$34,000$81,250-58.2%
New Douglas10-$32,000$0-

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