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Saturday, January 4, 2025

Pricing for the median home in Marissa increased 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 Marissa rose by $24,000 while total sales increased by 28.6 percent, according to BlockShopper.com.

From January through June, there were 18 homes sold, with a median sale price of $79,500 - a 43.2 percent increase over the $55,500 median sale price for the same period of the previous year. There were 14 homes sold in Marissa in the first half of 2021.

The median sales tax in Marissa for the most recent year with available data, 2019, was $1,385, approximately 1.7 percent of the median home sale price for the first half of 2022.

The following table compares Marissa 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)
Belleville682707-3.5$120,500$110,0009.5
New Athens2224-8.3$105,000$88,00019.3
Caseyville544910.2$99,500$90,00010.6
Dupo423520$90,000$119,000-24.4
Crest Hill712-41.7$80,000$37,440113.7
Marissa181428.6$79,500$55,50043.2
Summerfield42100$68,500$35,95090.5
Fairmont City510-50$50,000$27,50081.8
Cahokia123141-12.8$38,000$25,00052
East Carondelet12-50$26,500$24,2509.3
Lenzburg3250$21,000$33,000-36.4

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