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Friday, April 26, 2024

Cahokia home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Cahokia rose by $13,750 while total sales increased by 72.2%, according to BlockShopper.com.

From January through March of 2020, there were 62 homes sold, with a median sale price of $31,000 - a 79.7% increase over the $17,250 median sale price for the same period of the previous year. There were 36 homes sold in Cahokia in the first quarter of 2019.

The median sales tax in Cahokia for the most recent year with available data, 2018, was $1,452, approximately 4.7% of the median home sale price for the first quarter of 2020.

The following table compares Cahokia to other St. Clair County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Dupo161414.3%$78,750$90,950-13.4%
Marissa10742.9%$73,000$32,500124.6%
New Athens112450%$68,500$65,2505%
North Dupo220%$61,000$9,750525.6%
Crest Hill21100%$56,500$55,0002.7%
Fairmont City52150%$51,000$65,500-22.1%
Cahokia623672.2%$31,000$17,25079.7%
Centreville23-33.3%$28,450$17,90058.9%
Washington Park3250%$15,879.93$5,250202.5%
Alorton20-$6,300$0-
East St. Louis1324-45.8%$5,800$16,950-65.8%

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