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Sunday, November 24, 2024

Alton home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Alton fell by $9,250 while total sales increased by 19.4%, according to BlockShopper.com.

In October 2018, there were 43 homes sold, with a median sale price of $63,500 - a 12.7% decrease over the $72,750 median sale price for the same period of the previous year. There were 36 homes sold in Alton in October 2017.

The median sales tax in Alton for the most recent year with available data, 2017, was $1,537, approximately 2.4% of the median home sale price for October 2018.

The following table compares Alton 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)
Brooks10-$93,000$0-
Meadowbrook30-$83,500$0-
Mitchell110%$82,000$75,9008%
Wood River1023-56.5%$78,150$46,338.5868.6%
Roxana5366.7%$75,575$76,000-0.6%
Alton433619.4%$63,500$72,750-12.7%
Granite City443718.9%$52,950$57,053-7.2%
Forest Homes30-$46,794$0-
East Alton46-33.3%$46,500$53,150-12.5%
Pontoon Beach5366.7%$46,000$62,500-26.4%
Cedar Park220%$40,172.50$97,000-58.6%

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