From July through September of 2019, there were three homes sold, with a median sale price of $59,000 - a 20.4% increase over the $49,000 median sale price for the same period of the previous year. There were 50 homes sold in Wood River in the third quarter of 2018.
The median sales tax in Wood River for the most recent year with available data, 2018, was $1,639, approximately 2.8% of the median home sale price for the third quarter of 2019.
The following table compares Wood River to other Madison County cities with similar median sales prices in the third quarter of 2019:
City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Edwardsville | 1 | 143 | -99.3% | $119,000 | $185,000 | -35.7% |
Moro | 1 | 8 | -87.5% | $117,500 | $229,500 | -48.8% |
Mitchell | 1 | 6 | -83.3% | $110,000 | $89,000 | 23.6% |
Rosewood Heights | 1 | 16 | -93.8% | $80,000 | $102,250 | -21.8% |
Bethalto | 6 | 48 | -87.5% | $73,750 | $118,750 | -37.9% |
Wood River | 3 | 50 | -94% | $59,000 | $49,000 | 20.4% |
Granite City | 5 | 160 | -96.9% | $40,000 | $68,950 | -42% |
Alton | 1 | 136 | -99.3% | $32,700 | $65,000 | -49.7% |
Collinsville | 2 | 108 | -98.1% | $29,875 | $113,500 | -73.7% |
South Roxana | 1 | 12 | -91.7% | $20,000 | $49,500 | -59.6% |
Forest Homes | 1 | 2 | -50% | $8,500 | $15,625 | -45.6% |