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Friday, November 22, 2024

Home prices decreased in Briar Hill 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 Briar Hill fell by $9,250 while total sales increased by 100 percent, according to BlockShopper.com.

From January through June, there were 10 homes sold, with a median sale price of $200,750 - a 4.4 percent decrease from the $210,000 median sale price for the same period of the previous year. There were five homes sold in Briar Hill in the first half of 2021.

The median sales tax in Briar Hill for the most recent year with available data, 2019, was $2,912, approximately 1.5 percent of the median home sale price for the first half of 2022.

The following table compares Briar Hill 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)
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
Lebanon544228.6$159,500$148,7507.2

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