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Sunday, November 24, 2024

East Alton home prices fall in October 2018

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The median sale price of a home sold in October 2018 in East Alton fell by $6,650 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2018, there were four homes sold, with a median sale price of $46,500 - a 12.5% decrease over the $53,150 median sale price for the same period of the previous year. There were six homes sold in East Alton in October 2017.

The median sales tax in East Alton for the most recent year with available data, 2017, was $1,616, approximately 3.5% of the median home sale price for October 2018.

The following table compares East 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)
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%
South Roxana110%$38,000$56,000-32.1%
New Douglas12-50%$32,000$44,500-28.1%
Madison5366.7%$25,000$11,000127.3%

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