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Friday, November 22, 2024

Miller median home prices rose by 19.4% in the first half of 2022

Re 10

The median sale price of a home sold in the first half of 2022 in Miller rose by $38,000 while total sales increased by 66.7 percent, according to BlockShopper.com.

From January through June, there were 10 homes sold, with a median sale price of $234,000 - a 19.4 percent increase over the $196,000 median sale price for the same period of the previous year. There were six homes sold in Miller in the first half of 2021.

The median sales tax in Miller for the most recent year with available data, 2019, was $3,696, approximately 1.6 percent of the median home sale price for the first half of 2022.

The following table compares Miller 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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