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South West Illinois News

Tuesday, November 5, 2024

Columbia home prices fall in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Columbia fell by $207,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2020, there were two homes sold, with a median sale price of $239,000 - a 46.5% decrease over the $446,500 median sale price for the same period of the previous year. There were two homes sold in Columbia in the first half of 2019, as well.

The median sales tax in Columbia for the most recent year with available data, 2018, was $6,946, approximately 2.9% of the median home sale price for the first half of 2020.

The following table compares Columbia to other St. Clair County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Smithton2835-20%$244,000$235,0003.8%
Columbia220%$239,000$446,500-46.5%
Millstadt29290%$228,000$150,00052%
O'Fallon248260-4.6%$214,950$212,7501%
Shiloh9799-2%$205,000$205,0000%
Swansea1191171.7%$184,900$169,9008.8%
Miller45-20%$178,200$192,000-7.2%
Mascoutah7382-11%$167,500$195,250-14.2%
Briar Hill78-12.5%$154,000$124,75023.4%
St. Libory18-87.5%$151,000$125,00020.8%
Freeburg27270%$148,500$188,000-21%

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