The second half of 2021: Swansea experienced a 1.8% drop in median home prices

The second half of 2021: Swansea experienced a 1.8% drop in median home prices
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The median sale price of a home sold in the second half of 2021 in Swansea fell by $3,250 while total sales decreased by 14.7%, according to BlockShopper.com.

From July through December of 2021, there were 157 homes sold, with a median sale price of $175,000 – a 1.8% decrease over the $178,250 median sale price for the same period of the previous year. There were 184 homes sold in Swansea in the second half of 2020.

The median sales tax in Swansea for the most recent year with available data, 2019, was $3,780, approximately 2.2% of the median home sale price for the second half of 2021.

The following table compares Swansea 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)
Smithton 42 48 -12.5% $236,000 $239,250 -1.4%
Mascoutah 107 115 -7% $185,000 $180,000 2.8%
Summerfield 1 2 -50% $184,951.87 $57,500 221.7%
Millstadt 43 44 -2.3% $184,000 $189,250 -2.8%
Briar Hill 4 9 -55.6% $182,541.19 $163,000 12%
Swansea 157 184 -14.7% $175,000 $178,250 -1.8%
Oak Hills 5 2 150% $172,500 $66,000 161.4%
Freeburg 46 54 -14.8% $169,000 $190,000 -11.1%
Collinsville 56 36 55.6% $147,500 $141,500 4.2%
Fairview Heights 208 222 -6.3% $145,000 $128,750 12.6%
Lebanon 41 50 -18% $140,000 $164,350 -14.8%


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