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Thursday, November 28, 2024

East St. Louis home prices rise in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in East St. Louis rose by $3,125 while total sales decreased by 5.8%, according to BlockShopper.com.

From January through June of 2019, there were 49 homes sold, with a median sale price of $13,125 - a 31.3% increase over the $10,000 median sale price for the same period of the previous year. There were 52 homes sold in East St. Louis in the first half of 2018.

The median sales tax in East St. Louis for the most recent year with available data, 2017, was $529, approximately 4% of the median home sale price for the first half of 2019.

The following table compares East St. Louis to other St. Clair 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)
Oak Hills34-25%$72,000$72,500-0.7%
Fairmont City67-14.3%$56,500$30,00088.3%
Crest Hill110%$55,000$8,000587.5%
Alorton12-50%$49,000$3,0001533.3%
Marissa161060%$46,250$46,0000.5%
East Carondelet3250%$20,000$34,650-42.3%
Cahokia84130-35.4%$19,950$25,000-20.2%
East St. Louis4952-5.8%$13,125$10,00031.3%
Centreville1017-41.2%$12,003.50$20,000-40%
North Dupo34-25%$8,000$47,500-83.2%
Washington Park550%$4,200$5,400-22.2%

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