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Thursday, April 18, 2024

Alton home prices fall in 2019

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The median sale price of a home sold in 2019 in Alton fell by $27,250 while total sales decreased by 97.9%, according to BlockShopper.com.

From January through December of 2019, there were 11 homes sold, with a median sale price of $32,700 - a 45.5% decrease over the $59,950 median sale price for the previous year. There were 526 homes sold in Alton in 2018.

The median sales tax in Alton for the most recent year with available data, 2018, was $1,606, approximately 4.9% of the median home sale price for 2019.

The following table compares Alton to other Madison County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Wood River3159-98.1%$59,000$68,500-13.9%
Rosewood Heights273-97.3%$54,077.50$96,500-44%
East Alton4107-96.3%$47,950$38,40024.9%
Granite City12604-98%$44,250$59,150-25.2%
Collinsville6396-98.5%$43,250$112,500-61.6%
Alton11526-97.9%$32,700$59,950-45.5%
St. Jacob116-93.8%$20,000$148,450-86.5%
South Roxana129-96.6%$20,000$48,999-59.2%
Madison143-97.7%$20,000$24,500-18.4%
Worden133-97%$10,600$162,000-93.5%
Forest Homes17-85.7%$8,500$23,250-63.4%

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