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Thursday, November 28, 2024

Cahokia home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Cahokia fell by $9,000 while total sales decreased by 23.8%, according to BlockShopper.com.

From April through June of 2019, there were 48 homes sold, with a median sale price of $21,000 - a 30% decrease over the $30,000 median sale price for the same period of the previous year. There were 63 homes sold in Cahokia in the second quarter of 2018.

The median sales tax in Cahokia for the most recent year with available data, 2017, was $1,407, approximately 6.7% of the median home sale price for the second quarter of 2019.

The following table compares Cahokia to other St. Clair County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Dupo1729-41.4%$87,500$67,50029.6%
New Athens11922.2%$75,000$95,000-21.1%
Alorton12-50%$49,000$3,0001533.3%
Marissa94125%$49,000$15,250221.3%
Fairmont City440%$40,833.50$35,00016.7%
Cahokia4863-23.8%$21,000$30,000-30%
East Carondelet10-$20,000$0-
East St. Louis25250%$10,500$10,0005%
Centreville770%$10,007$16,000-37.5%
North Dupo14-75%$5,000$47,500-89.5%
Washington Park330%$3,500$5,400-35.2%

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