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Saturday, November 23, 2024

Lake St. Louis home prices rise in the second half of 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in the second half of 2019 in Lake St. Louis rose by $20,000 while total sales decreased by 1%, according to BlockShopper.com.

From July through December of 2019, there were 199 homes sold, with a median sale price of $260,000 - a 8.3% increase over the $240,000 median sale price for the same period of the previous year. There were 201 homes sold in Lake St. Louis in the second half of 2018.

The median sales tax in Lake St. Louis for the most recent year with available data, 2015, was $2,723, approximately 1% of the median home sale price for the second half of 2019.

The following table compares Lake St. Louis to other St. Charles County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Defiance1617-5.9%$387,500$360,0007.6%
Flint Hill13-66.7%$359,900$425,000-15.3%
Augusta1015-33.3%$358,750$297,00020.8%
Foristell814-42.9%$302,500$280,0008%
Dardenne Prairie130135-3.7%$280,000$282,000-0.7%
Lake St. Louis199201-1%$260,000$240,0008.3%
Weldon Spring2672670%$242,000$240,0000.8%
Wentzville3253220.9%$238,475$226,5005.3%
O'Fallon700796-12.1%$225,425$215,0004.8%
St. Paul231291.7%$209,000$269,750-22.5%
St. Peters729774-5.8%$205,000$194,7455.3%

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