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Saturday, November 23, 2024

Rising home prices in Millstadt in Q2

Realestate3

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Adobe Stock

The median sale price of a home sold in the second quarter of 2022 in Millstadt rose by $39,250 while total sales decreased by 4.5 percent, according to BlockShopper.com.

From April through June, there were 21 homes sold, with a median sale price of $239,000 - a 19.6 percent increase over the $199,750 median sale price for the same period of the previous year. There were 22 homes sold in Millstadt in the second quarter of 2021.

The median sales tax in Millstadt for the most recent year with available data, 2019, was $4,084, approximately 1.7 percent of the median home sale price for the second quarter of 2022.

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

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Smithton1534-55.9$302,000$273,50010.4
O'Fallon185209-11.5$290,000$255,00013.7
Shiloh756515.4$282,250$240,00017.6
Miller52150$275,000$221,70024
Millstadt2122-4.5$239,000$199,75019.6
Mascoutah4969-29$225,000$209,0007.7
Swansea7590-16.7$220,000$220,500-0.2
Briar Hill5425$210,000$253,500-17.2
Freeburg1624-33.3$202,000$161,00025.5
Lebanon392839.3$164,000$156,0005.1
Fairview Heights98102-3.9$160,400$131,00022.4

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