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Friday, April 19, 2024

Millstadt home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Millstadt fell by $58,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2018, there were two homes sold, with a median sale price of $153,750 - a 27.6% decrease over the $212,500 median sale price for the same period of the previous year. There were three homes sold in Millstadt in December 2017.

The median sales tax in Millstadt for the most recent year with available data, 2016, was $4,120, approximately 2.7% of the median home sale price for December 2018.

The following table compares Millstadt to other St. Clair 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)
Miller12-50%$229,900$135,50069.7%
Briar Hill110%$225,000$15,0001400%
O'Fallon2838-26.3%$216,500$179,00020.9%
Mascoutah8714.3%$168,250$176,000-4.4%
Smithton6450%$168,175$187,250-10.2%
Millstadt23-33.3%$153,750$212,500-27.6%
Shiloh1217-29.4%$144,250$190,000-24.1%
Collinsville31200%$138,500$178,000-22.2%
Swansea1320-35%$135,000$169,500-20.4%
Freeburg510-50%$133,000$162,500-18.2%
Lebanon330%$119,000$104,00014.4%

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