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Sunday, November 24, 2024

Marine home prices rise in October 2018

Realestate077

The median sale price of a home sold in October 2018 in Marine rose by $55,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $162,250 - a 52% increase over the $106,750 median sale price for the same period of the previous year. There were two homes sold in Marine in October 2017, as well.

The median sales tax in Marine for the most recent year with available data, 2017, was $3,073, approximately 1.9% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Hamel330%$198,000$112,75075.6%
Troy2226-15.4%$195,500$177,70010%
Holiday Shores73133.3%$189,900$199,500-4.8%
Moro51400%$175,000$50,000250%
St. Jacob23-33.3%$172,500$185,000-6.8%
Marine220%$162,250$106,75052%
Worden13-66.7%$153,000$185,000-17.3%
Lakeview Acres10-$153,000$0-
Bethalto15966.7%$151,000$120,00025.8%
Godfrey2427-11.1%$133,750$134,000-0.2%
Highland29283.6%$119,000$125,000-4.8%

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