What happened to the median home price in Bethalto during February 2022?

What happened to the median home price in Bethalto during February 2022?
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The median sale price of a home sold in February 2022 in Bethalto rose by $60,000 while total sales decreased by 90%, according to BlockShopper.com.

In February 2022, there were two homes sold, with a median sale price of $167,500 – a 55.8% increase over the $107,500 median sale price for the same period of the previous year. There were 20 homes sold in Bethalto in February 2021.

The median sales tax in Bethalto for the most recent year with available data, 2018, was $2,567, approximately 1.5% of the median home sale price for February 2022.

The following table compares Bethalto to other Madison County cities with similar median sale prices in February 2022:

City Feb. 2022 Home Sales Feb. 2021 Home Sales % change (Total Home Sales) Feb. 2022 Median Sales Price Feb. 2021 Median Sales Price % change (Median Sales Price)
Edwardsville 1 46 -97.8% $340,000 $180,000 88.9%
Hamel 1 0 – $245,000 $0 –
Godfrey 1 26 -96.2% $212,500 $146,000 45.5%
Lakeview Acres 1 1 0% $200,740 $181,000 10.9%
Glen Carbon 1 14 -92.9% $187,500 $209,450 -10.5%
Bethalto 2 20 -90% $167,500 $107,500 55.8%
Marine 1 0 – $165,000 $0 –
Maryville 2 9 -77.8% $160,500 $220,500 -27.2%
Mitchell 3 1 200% $158,000 $62,000 154.8%
Highland 16 15 6.7% $153,500 $143,000 7.3%
Alton 5 37 -86.5% $150,000 $82,500 81.8%


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