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Friday, November 22, 2024

Columbia home prices rise in 2018

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The median sale price of a home sold in 2018 in Columbia rose by $138,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through December of 2018, there were two homes sold, with a median sale price of $352,000 - a 64.5% increase over the $214,000 median sale price for the previous year. There were two homes sold in Columbia in 2017, as well.

The median sales tax in Columbia for the most recent year with available data, 2016, was $6,443, approximately 1.8% of the median home sale price for 2018.

The following table compares Columbia to other St. Clair County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Columbia220%$352,000$214,00064.5%
O'Fallon6175904.6%$195,000$199,250-2.1%
Smithton7678-2.6%$193,500$180,0007.5%
Shiloh193198-2.5%$189,900$197,250-3.7%
Miller1013-23.1%$186,000$188,000-1.1%
Mascoutah18716811.3%$166,000$166,500-0.3%
St. Libory78-12.5%$160,000$126,25026.7%
Freeburg78754%$158,000$142,50010.9%
Swansea2322205.5%$154,050$159,500-3.4%
Millstadt7080-12.5%$152,500$162,000-5.9%
Briar Hill1013-23.1%$151,000$113,50033%

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