In October 2018, there were 44 homes sold, with a median sale price of $52,950 - a 7.2% decrease over the $57,053 median sale price for the same period of the previous year. There were 37 homes sold in Granite City in October 2017.
The median sales tax in Granite City for the most recent year with available data, 2017, was $1,487, approximately 2.8% of the median home sale price for October 2018.
The following table compares Granite City to other Madison County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Meadowbrook | 3 | 0 | - | $83,500 | $0 | - |
| Mitchell | 1 | 1 | 0% | $82,000 | $75,900 | 8% |
| Wood River | 10 | 23 | -56.5% | $78,150 | $46,338.58 | 68.6% |
| Roxana | 5 | 3 | 66.7% | $75,575 | $76,000 | -0.6% |
| Alton | 43 | 36 | 19.4% | $63,500 | $72,750 | -12.7% |
| Granite City | 44 | 37 | 18.9% | $52,950 | $57,053 | -7.2% |
| Forest Homes | 3 | 0 | - | $46,794 | $0 | - |
| East Alton | 4 | 6 | -33.3% | $46,500 | $53,150 | -12.5% |
| Pontoon Beach | 5 | 3 | 66.7% | $46,000 | $62,500 | -26.4% |
| Cedar Park | 2 | 2 | 0% | $40,172.50 | $97,000 | -58.6% |
| South Roxana | 1 | 1 | 0% | $38,000 | $56,000 | -32.1% |
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