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Sunday, November 24, 2024

Collinsville (Madison County) home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Collinsville in Madison County fell by $22,500 while total sales increased by 15.2%, according to BlockShopper.com.

In August 2018, there were 38 homes sold, with a median sale price of $117,500 - a 16.1% decrease over the $140,000 median sale price for the same period of the previous year. There were 33 homes sold in Collinsville in August 2017.

The median sales tax in Collinsville for the most recent year with available data, 2017, was $2,262, approximately 1.9% of the median home sale price for August 2018.

The following table compares Collinsville 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)
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%
Grantfork110%$102,500$68,50049.6%
Mitchell220%$98,000.50$69,50041%
* This story only considers sales data for the part of Collinsville that is in Madison County.

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