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Friday, April 19, 2024

Oak Hills home prices rise in the second half of 2019

Realestate077

The median sale price of a home sold in the second half of 2019 in Oak Hills rose by $74,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $110,000 - a 209.9% increase over the $35,500 median sale price for the same period of the previous year. There were two homes sold in Oak Hills in the second half of 2018, as well.

The median sales tax in Oak Hills for the most recent year with available data, 2018, was $1,564, approximately 1.4% of the median home sale price for the second half of 2019.

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

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Fairview Heights158168-6%$135,300$123,5009.6%
Lebanon4951-3.9%$127,000$110,00015.5%
New Athens1318-27.8%$119,500$82,50044.8%
Collinsville2533-24.2%$118,000$86,50036.4%
Briar Hill56-16.7%$112,400$151,000-25.6%
Oak Hills220%$110,000$35,500209.9%
Belleville6125805.5%$102,750$94,0009.3%
Dupo3145-31.1%$95,900$80,00019.9%
Caseyville3862-38.7%$88,250$81,2508.6%
Crest Hill660%$56,250$55,4501.4%
Fairmont City83166.7%$40,000$40,0000%

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