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Sunday, November 24, 2024

Godfrey home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Godfrey rose by $39,900 while total sales increased by 8%, according to BlockShopper.com.

In August 2018, there were 27 homes sold, with a median sale price of $149,900 - a 36.3% increase over the $110,000 median sale price for the same period of the previous year. There were 25 homes sold in Godfrey in August 2017.

The median sales tax in Godfrey for the most recent year with available data, 2017, was $2,740, approximately 1.8% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Worden63100%$170,250$210,000-18.9%
St. Jacob110%$159,000$188,000-15.4%
Highland21205%$156,500$142,4509.9%
Hamel12-50%$156,000$118,25031.9%
Cedar Park110%$151,000$114,50031.9%
Godfrey27258%$149,900$110,00036.3%
Bethalto201533.3%$128,250$128,0000.2%
Collinsville383315.2%$117,500$140,000-16.1%
Livingston23-33.3%$115,050$57,90098.7%
Rosewood Heights660%$111,668$90,00024.1%
Marine110%$107,000$265,000-59.6%

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