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Metro East Sun

Tuesday, November 26, 2024

Marissa home prices fall in August 2019

Re 6

The median sale price of a home sold in August 2019 in Marissa fell by $13,400 while total sales increased by 16.7%, according to BlockShopper.com.

In August 2019, there were seven homes sold, with a median sale price of $15,000 - a 47.2% decrease over the $28,400 median sale price for the same period of the previous year. There were six homes sold in Marissa in August 2018.

The median sales tax in Marissa for the most recent year with available data, 2018, was $1,400, approximately 9.3% of the median home sale price for August 2019.

The following table compares Marissa to other St. Clair County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Oak Hills10-$85,000$0-
New Athens24-50%$74,000$69,0007.2%
Crest Hill330%$60,000$34,12575.8%
Caseyville615-60%$55,750$78,000-28.5%
Collinsville330%$26,193$83,000-68.4%
Marissa7616.7%$15,000$28,400-47.2%
Cahokia191711.8%$15,000$18,935-20.8%
Fairmont City110%$10,000$40,000-75%
Centreville330%$10,000$37,500-73.3%
East St. Louis414-71.4%$5,750$11,000-47.7%
Washington Park51400%$3,000$5,000-40%

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