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Metro East Sun

Thursday, November 28, 2024

Millstadt median home prices fell by 42.5% in February 2022

Realestate5

The median sale price of a home sold in February 2022 in Millstadt fell by $158,000 while total sales decreased by 25%, according to BlockShopper.com.

In February 2022, there were three homes sold, with a median sale price of $214,000 - a 42.5% decrease over the $372,000 median sale price for the same period of the previous year. There were four homes sold in Millstadt in February 2021.

The median sales tax in Millstadt for the most recent year with available data, 2019, was $4,084, approximately 1.9% of the median home sale price for February 2022.

The following table compares Millstadt to other St. Clair County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Shiloh1215-20%$259,450$185,00040.2%
Swansea1519-21.1%$230,425$180,00028%
Smithton57-28.6%$225,000$235,900-4.6%
Millstadt34-25%$214,000$372,000-42.5%
O'Fallon2026-23.1%$212,450$209,0001.7%
Mascoutah810-20%$197,000$175,45012.3%
Lebanon73133.3%$155,000$120,00029.2%
Fairview Heights1622-27.3%$152,750$138,25010.5%
Collinsville23-33.3%$141,500$116,00022%
St. Libory20-$141,500$0-
Belleville907815.4%$114,950$108,5755.9%

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