What happened to the median home price in East Alton during 2021?

What happened to the median home price in East Alton during 2021?
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The median sale price of a home sold in 2021 in East Alton rose by $1,000 while total sales increased by 130.2%, according to BlockShopper.com.

From January through December of 2021, there were 145 homes sold, with a median sale price of $73,000 – a 1.4% increase over the $72,000 median sale price for the previous year. There were 63 homes sold in East Alton in 2020.

The median sales tax in East Alton for the most recent year with available data, 2018, was $1,710, approximately 2.3% of the median home sale price for 2021.

The following table compares East Alton to other Madison County cities with similar median sale prices in 2021:

City Jan. – Dec. 2021 Home Sales Jan. – Dec. 2020 Home Sales % change (Total Home Sales) Jan. – Dec. 2021 Median Sales Price Jan. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Mitchell 27 9 200% $90,000 $70,000 28.6%
Wood River 208 104 100% $84,950 $78,500 8.2%
Roxana 41 17 141.2% $79,000 $61,000 29.5%
Alton 620 262 136.6% $78,500 $57,250 37.1%
Granite City 727 401 81.3% $76,500 $67,500 13.3%
East Alton 145 63 130.2% $73,000 $72,000 1.4%
Livingston 20 9 122.2% $64,750 $85,000 -23.8%
Meadowbrook 7 1 600% $60,000 $97,000 -38.1%
South Roxana 33 20 65% $50,000 $43,500 14.9%
New Douglas 14 9 55.6% $48,000 $40,000 20%
Forest Homes 8 4 100% $40,750 $6,125 565.3%


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