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Thursday, November 28, 2024

Bethalto home prices rise in the first half of 2019

Realestate1

The median sale price of a home sold in the first half of 2019 in Bethalto rose by $92,500 while total sales decreased by 98%, according to BlockShopper.com.

From January through June of 2019, there were two homes sold, with a median sale price of $191,250 - a 93.7% increase over the $98,750 median sale price for the same period of the previous year. There were 98 homes sold in Bethalto in the first half of 2018.

The median sales tax in Bethalto for the most recent year with available data, 2017, was $2,466, approximately 1.3% of the median home sale price for the first half of 2019.

The following table compares Bethalto to other Madison County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Glen Carbon1101-99%$193,000$200,000-3.5%
Bethalto298-98%$191,250$98,75093.7%
Troy290-97.8%$182,500$153,25019.1%
Edwardsville1201-99.5%$180,000$196,000-8.2%
Highland185-98.8%$136,000$111,70021.8%
Godfrey7154-95.5%$132,500$129,7502.1%
Brooks13-66.7%$73,599$48,00053.3%
East Alton260-96.7%$47,950$38,20025.5%
Collinsville3187-98.4%$45,000$111,000-59.5%
Alton9273-96.7%$38,505$59,900-35.7%
Madison123-95.7%$20,000$21,500-7%

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