In November 2021, there were 59 homes sold, with a median sale price of $87,000 - a 6.1% increase over the $82,000 median sale price for the same period of the previous year. There were 33 homes sold in Granite City in November 2020.
The median sales tax in Granite City for the most recent year with available data, 2018, was $1,557, approximately 1.8% of the median home sale price for November 2021.
The following table compares Granite City to other Madison County cities with similar median sale prices in November 2021:
City | Nov. 2021 Home Sales | Nov. 2020 Home Sales | % change (Total Home Sales) | Nov. 2021 Median Sales Price | Nov. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Worden | 5 | 1 | 400% | $130,000 | $190,000 | -31.6% |
Mitchell | 4 | 3 | 33.3% | $111,000 | $70,000 | 58.6% |
Bethalto | 17 | 8 | 112.5% | $109,900 | $76,500 | 43.7% |
Rosewood Heights | 8 | 0 | - | $107,500 | $0 | - |
Pontoon Beach | 4 | 7 | -42.9% | $96,500 | $101,500 | -4.9% |
Granite City | 59 | 33 | 78.8% | $87,000 | $82,000 | 6.1% |
Roxana | 5 | 4 | 25% | $86,000 | $47,500 | 81.1% |
Wood River | 18 | 8 | 125% | $77,950 | $94,750 | -17.7% |
Alton | 57 | 32 | 78.1% | $72,500 | $54,750 | 32.4% |
Meadowbrook | 1 | 0 | - | $68,000 | $0 | - |
East Alton | 10 | 5 | 100% | $64,500 | $115,000 | -43.9% |