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Sunday, November 24, 2024

East St. Louis home prices rise in August 2018

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The median sale price of a home sold in August 2018 in East St. Louis rose by $6,000 while total sales increased by 100%, according to BlockShopper.com.

In August 2018, there were 14 homes sold, with a median sale price of $11,000 - a 120% increase over the $5,000 median sale price for the same period of the previous year. There were seven homes sold in East St. Louis in August 2017.

The median sales tax in East St. Louis for the most recent year with available data, 2016, was $543, approximately 4.9% of the median home sale price for August 2018.

The following table compares East St. Louis to other St. Clair County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
New Athens4333.3%$69,000$77,500-11%
St. Libory110%$53,000$24,500116.3%
Fairmont City13-66.7%$40,000$41,000-2.4%
Centreville30-$37,500$0-
Crest Hill330%$34,125$60,000-43.1%
Marissa62200%$28,400$31,250-9.1%
Cahokia1719-10.5%$18,935$19,000-0.3%
Briar Hill12-50%$13,500$83,000-83.7%
East St. Louis147100%$11,000$5,000120%
Washington Park10-$5,000$0-
Brooklyn10-$2,000$0-

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