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Sunday, November 24, 2024

Millstadt home prices fall in January 2018

Re 6

The median sale price of a home sold in January 2018 in Millstadt fell by $7,750 while total sales increased by 33.3%, according to BlockShopper.com.

In January 2018, there were four homes sold, with a median sale price of $123,750 - a 5.9% decrease over the $131,500 median sale price for the same period of the previous year. There were three homes sold in Millstadt in January 2017.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120, approximately 3.3% of the median home sale price for January 2018.

The following table compares Millstadt to other St. Clair County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Shiloh17988.9%$230,000$176,00030.7%
Smithton220%$208,000$87,000139.1%
O'Fallon382552%$172,700$120,00043.9%
Lebanon440%$166,750$162,5002.6%
Mascoutah13862.5%$126,000$155,000-18.7%
Millstadt4333.3%$123,750$131,500-5.9%
Freeburg3250%$120,000$178,250-32.7%
Swansea10100%$116,650$118,750-1.8%
Collinsville23-33.3%$106,712.50$40,000166.8%
Fairview Heights151050%$101,500$73,00039%
Belleville78771.3%$90,250$76,00018.8%

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