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Sunday, November 24, 2024

Wood River home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Wood River fell by $32,083 while total sales increased by 122.2%, according to BlockShopper.com.

In August 2018, there were 20 homes sold, with a median sale price of $53,418 - a 37.5% decrease over the $85,500 median sale price for the same period of the previous year. There were nine homes sold in Wood River in August 2017.

The median sales tax in Wood River for the most recent year with available data, 2017, was $1,574, approximately 2.9% of the median home sale price for August 2018.

The following table compares Wood River 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)
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%
South Roxana63100%$37,500$35,0007.1%
Hartford220%$30,500$58,500-47.9%
Madison4333.3%$19,750$15,10030.8%
Forest Homes20-$15,625$0-

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