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Friday, November 22, 2024

How did home prices perform in Smithton during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Smithton rose by $3,500 while total sales decreased by 36.7 percent, according to BlockShopper.com.

From January through June, there were 31 homes sold, with a median sale price of $266,500 - a 1.3 percent increase over the $263,000 median sale price for the same period of the previous year. There were 49 homes sold in Smithton in the first half of 2021.

The median sales tax in Smithton for the most recent year with available data, 2019, was $4,984, approximately 1.9 percent of the median home sale price for the first half of 2022.

The following table compares Smithton to other St. Clair County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Shiloh1171079.3$275,000$229,00020.1
O'Fallon276338-18.3$275,000$240,50014.3
Smithton3149-36.7$266,500$263,0001.3
Miller10666.7$234,000$196,00019.4
Mascoutah7797-20.6$227,000$194,00017
Swansea137164-16.5$220,000$185,00018.9
Briar Hill105100$200,750$210,000-4.4
Millstadt3036-16.7$200,000$210,000-4.8
Freeburg3045-33.3$170,000$154,9009.7
St. Libory63100$162,500$135,00020.4
Collinsville2630-13.3$160,000$115,00039.1

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