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Wednesday, April 24, 2024

Marissa home prices rise in February 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in February 2020 in Marissa rose by $36,000 while total sales increased by 66.7%, according to BlockShopper.com.

In February 2020, there were five homes sold, with a median sale price of $80,000 - a 81.8% increase over the $44,000 median sale price for the same period of the previous year. There were three homes sold in Marissa in February 2019.

The median sales tax in Marissa for the most recent year with available data, 2018, was $1,400, approximately 1.7% of the median home sale price for February 2020.

The following table compares Marissa to other St. Clair County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Shiloh880%$143,550$216,500-33.7%
New Athens3250%$124,900$65,25091.4%
Belleville846235.5%$104,250$86,50020.5%
Collinsville5425%$102,200$104,500-2.2%
Caseyville311-72.7%$95,000$75,00026.7%
Marissa5366.7%$80,000$44,00081.8%
Lebanon72250%$53,000$244,000-78.3%
Fairmont City10-$51,000$0-
Dupo6520%$44,500$102,000-56.4%
Centreville10-$35,000$0-
Cahokia241384.6%$19,575$17,00015.1%

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