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Friday, April 19, 2024

Alton home prices fall in the first half of 2019

Realestate4

The median sale price of a home sold in the first half of 2019 in Alton fell by $21,395 while total sales decreased by 96.7%, according to BlockShopper.com.

From January through June of 2019, there were nine homes sold, with a median sale price of $38,505 - a 35.7% decrease over the $59,900 median sale price for the same period of the previous year. There were 273 homes sold in Alton in the first half of 2018.

The median sales tax in Alton for the most recent year with available data, 2017, was $1,537, approximately 4% of the median home sale price for the first half of 2019.

The following table compares Alton 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)
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%
St. Jacob16-83.3%$20,000$128,950-84.5%
Granite City5301-98.3%$14,750$57,900-74.5%
Worden110-90%$10,600$146,000-92.7%

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