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Friday, April 26, 2024

Belleville 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 Belleville rose by $4,472 while total sales increased by 21.6%, according to BlockShopper.com.

From January through March of 2020, there were 265 homes sold, with a median sale price of $95,000 - a 4.9% increase over the $90,529 median sale price for the same period of the previous year. There were 218 homes sold in Belleville in the first quarter of 2019.

The median sales tax in Belleville for the most recent year with available data, 2018, was $2,476, approximately 2.6% of the median home sale price for the first quarter of 2020.

The following table compares Belleville 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)
Freeburg131118.2%$142,000$202,500-29.9%
Fairview Heights4955-10.9%$128,116$135,000-5.1%
Oak Hills110%$116,900$72,00062.4%
Collinsville1017-41.2%$99,190.50$119,900-17.3%
Caseyville1130-63.3%$95,000$46,250105.4%
Belleville26521821.6%$95,000$90,528.504.9%
Lebanon191258.3%$85,000$165,000-48.5%
Lenzburg20-$82,810$0-
Dupo161414.3%$78,750$90,950-13.4%
Marissa10742.9%$73,000$32,500124.6%
New Athens112450%$68,500$65,2505%

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