The second half of 2021: Home prices in Marissa fell

The second half of 2021: Home prices in Marissa fell
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The median sale price of a home sold in the second half of 2021 in Marissa fell by $8,500 while total sales decreased by 35%, according to BlockShopper.com.

From July through December of 2021, there were 13 homes sold, with a median sale price of $55,000 – a 13.4% decrease over the $63,500 median sale price for the same period of the previous year. There were 20 homes sold in Marissa in the second half of 2020.

The median sales tax in Marissa for the most recent year with available data, 2019, was $1,385, approximately 2.5% of the median home sale price for the second half of 2021.

The following table compares Marissa to other St. Clair County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Caseyville 55 62 -11.3% $90,000 $91,450 -1.6%
New Athens 23 23 0% $75,000 $90,000 -16.7%
Crest Hill 12 8 50% $68,500 $51,505 33%
St. Libory 3 4 -25% $60,000 $71,500 -16.1%
North Dupo 3 4 -25% $56,500 $32,000 76.6%
Marissa 13 20 -35% $55,000 $63,500 -13.4%
Fairmont City 6 7 -14.3% $52,500 $47,300 11%
Lenzburg 2 5 -60% $34,500 $19,500 76.9%
Cahokia 136 152 -10.5% $34,000 $30,000 13.3%
Washington Park 1 4 -75% $25,000 $6,000 316.7%
East St. Louis 51 47 8.5% $21,198 $11,901 78.1%


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