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Saturday, November 2, 2024

What happened to the median home price in Centreville during Q2?

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The median sale price of a home sold in the second quarter of 2022 in Centreville rose by $31,900 while total sales increased by 50 percent, according to BlockShopper.com.

From April through June, there were three homes sold, with a median sale price of $74,500 - a 74.9 percent increase over the $42,600 median sale price for the same period of the previous year. There were two homes sold in Centreville in the second quarter of 2021.

The median sales tax in Centreville for the most recent year with available data, 2019, was $624, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Centreville 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)
Belleville363404-10.1$132,601$120,00010.5
Oak Hills110$125,000$137,500-9.1
Marissa124200$106,250$42,507150
Caseyville28280$103,500$89,82515.2
Crest Hill57-28.6$80,000$41,50092.8
Centreville3250$74,500$42,60074.9
Summerfield110$57,550$61,250-6
Fairmont City25-60$50,000$40,00025
Cahokia807014.3$40,000$27,50045.5
East Carondelet110$26,500$13,50096.3
East St. Louis332437.5$12,500$16,500-24.2

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