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Sunday, November 24, 2024

Highland home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Highland fell by $6,000 while total sales increased by 3.6%, according to BlockShopper.com.

In October 2018, there were 29 homes sold, with a median sale price of $119,000 - a 4.8% decrease over the $125,000 median sale price for the same period of the previous year. There were 28 homes sold in Highland in October 2017.

The median sales tax in Highland for the most recent year with available data, 2017, was $3,377, approximately 2.8% of the median home sale price for October 2018.

The following table compares Highland 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)
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%
Hartford31200%$107,500$55,00095.5%
Rosewood Heights104150%$96,500$87,50010.3%
Collinsville4143-4.7%$94,900$83,90013.1%
Brooks10-$93,000$0-
Meadowbrook30-$83,500$0-

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