Falling home prices in New Athens in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in New Athens fell by $17,500 while total sales decreased by 38.5%, according to BlockShopper.com.

From July through September of 2021, there were eight homes sold, with a median sale price of $72,500 - a 19.4% decrease over the $90,000 median sale price for the same period of the previous year. There were 13 homes sold in New Athens in the third quarter of 2020.

The median sales tax in New Athens for the most recent year with available data, 2019, was $2,271, approximately 3.1% of the median home sale price for the third quarter of 2021.

The following table compares New Athens to other St. Clair County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
St. Libory220%$120,000$41,550188.8%
New Athens813-38.5%$72,500$90,000-19.4%
Crest Hill73133.3%$62,000$68,500-9.5%
North Dupo220%$49,250$47,5003.7%
Fairmont City24-50%$30,852.57$63,250-51.2%
East St. Louis26248.3%$26,000$8,000225%

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