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Sunday, November 24, 2024

Pontoon Beach home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Pontoon Beach fell by $12,000 while total sales decreased by 25%, according to BlockShopper.com.

In August 2018, there were three homes sold, with a median sale price of $70,000 - a 14.6% decrease over the $82,000 median sale price for the same period of the previous year. There were four homes sold in Pontoon Beach in August 2017.

The median sales tax in Pontoon Beach for the most recent year with available data, 2017, was $2,040, approximately 2.9% of the median home sale price for August 2018.

The following table compares Pontoon Beach 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)
Grantfork110%$102,500$68,50049.6%
Mitchell220%$98,000.50$69,50041%
Moro13-66.7%$93,000$175,001-46.9%
Meadowbrook12-50%$87,000$15,320.50467.9%
Alhambra3250%$85,000$90,250-5.8%
Pontoon Beach34-25%$70,000$82,000-14.6%
Alton4951-3.9%$69,900$53,25031.3%
Granite City5367-20.9%$66,500$64,0003.9%
East Alton810-20%$60,250$83,500-27.8%
Roxana12-50%$58,000$72,250-19.7%
Wood River209122.2%$53,417.50$85,500-37.5%

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