Home prices decreased in East St. Louis during April

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The median sale price of a home sold in April in East St. Louis fell by $8,500 while total sales increased by 60 percent, according to BlockShopper.com.

In April, there were eight homes sold, with a median sale price of $8,000 - a 51.5 percent decrease from the $16,500 median sale price for the same period of the previous year. There were five homes sold in East St. Louis in April 2021.

The median sales tax in East St. Louis for the most recent year with available data, 2019, was $622, approximately 7.8 percent of the median home sale price for April.

The following table compares East St. Louis to other St. Clair County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Briar Hill110$55,000$210,000-73.8
Crest Hill110$13,800$41,500-66.7
East St. Louis8560$8,000$16,500-51.5

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