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Thursday, April 18, 2024

Granite City home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Granite City rose by $3,250 while total sales decreased by 98.6%, according to BlockShopper.com.

From October through December of 2019, there were two homes sold, with a median sale price of $58,250 - a 5.9% increase over the $55,000 median sale price for the same period of the previous year. There were 143 homes sold in Granite City in the fourth quarter of 2018.

The median sales tax in Granite City for the most recent year with available data, 2018, was $1,557, approximately 2.7% of the median home sale price for the fourth quarter of 2019.

The following table compares Granite City to other Madison County cities in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Maryville121-95.2%$130,000$172,500-24.6%
Godfrey478-94.9%$123,575$133,000-7.1%
Glen Carbon143-97.7%$100,000$197,500-49.4%
Granite City2143-98.6%$58,250$55,0005.9%
Collinsville1101-99%$54,510$113,500-52%
Brooks110%$45,000$93,000-51.6%
Rosewood Heights119-94.7%$28,155$105,000-73.2%
Alton1117-99.1%$20,000$57,000-64.9%
East Alton118-94.4%$7,500$30,000-75%
Madison011-100%$0$24,500-100%
Roxana012-100%$0$63,000-100%
State Park Place01-100%$0$10,000-100%
Dorsey03-100%$0$270,000-100%
Venice01-100%$0$9,000-100%
Kendall Hill02-100%$0$152,449.50-100%
Alhambra01-100%$0$395,000-100%
Forest Homes04-100%$0$42,397-100%
Lakeview Acres02-100%$0$159,000-100%
Moro014-100%$0$165,000-100%
Holiday Shores017-100%$0$180,000-100%
New Douglas02-100%$0$100,000-100%
Highland062-100%$0$135,500.50-100%
Wood River028-100%$0$89,500-100%
Livingston06-100%$0$24,000-100%
St. Jacob03-100%$0$165,500-100%
Grantfork01-100%$0$84,900-100%
South Roxana05-100%$0$52,000-100%
Marine04-100%$0$123,750.50-100%
Bethalto046-100%$0$115,000-100%
Mitchell02-100%$0$122,300-100%
Troy053-100%$0$180,000-100%
Hartford06-100%$0$31,500-100%
Worden010-100%$0$156,000-100%
Meadowbrook04-100%$0$56,750-100%
Edwardsville0106-100%$0$179,000-100%
Cedar Park04-100%$0$47,672.50-100%
Pontoon Beach08-100%$0$54,000-100%
Hamel07-100%$0$198,000-100%

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