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Friday, April 26, 2024

Alton home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Alton fell by $11,992 while total sales decreased by 10.8%, according to BlockShopper.com.

In December 2018, there were 33 homes sold, with a median sale price of $59,900 - a 16.7% decrease over the $71,892 median sale price for the same period of the previous year. There were 37 homes sold in Alton in December 2017.

The median sales tax in Alton for the most recent year with available data, 2017, was $1,537, approximately 2.6% of the median home sale price for December 2018.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Godfrey2023-13%$111,175$136,000-18.3%
Rosewood Heights57-28.6%$105,000$94,90010.6%
Hamel220%$96,750$190,500-49.2%
Grantfork10-$84,900$0-
Pontoon Beach35-40%$62,000$27,000129.6%
Alton3337-10.8%$59,900$71,892-16.7%
Roxana60-$57,500$0-
Granite City3639-7.7%$56,500$65,000-13.1%
South Roxana220%$55,500$67,450-17.7%
Madison34-25%$26,000$21,70019.8%
Meadowbrook12-50%$21,125$65,950-68%

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