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Monday, April 21, 2025

Home prices in St. Clair County fell

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The median sale price of a home sold in the third quarter of 2024 in St. Clair County fell by $100, while total sales decreased by 19.5%, according to BlockShopper.com.

From July through September of 2024, 687 homes were sold in the county, with sale prices around $159,900. This is a 0.1% decrease from the $160,000 median sale price during the same period in 2023, when there were 853 homes sold.

Based on the latest available data from 2021, the median sales tax on homes in St. Clair County was $2,438, which equates to 1.5% of the median home sale price for the third quarter of 2024.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in St. Clair County from July 2023 to September 2024.

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024$160,000$160,000$154,000$154,000$135,000$135,000$171,500$171,500$159,900$159,900

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