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Wednesday, October 9, 2024

Defiance home prices rise in the fourth quarter of 2019

Realestate1

The median sale price of a home sold in the fourth quarter of 2019 in Defiance rose by $75,000 while total sales decreased by 62.5%, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $435,000 - a 20.8% increase over the $360,000 median sale price for the same period of the previous year. There were eight homes sold in Defiance in the fourth quarter of 2018.

The median sales tax in Defiance for the most recent year with available data, 2015, was $3,731, approximately 0.9% of the median home sale price for the fourth quarter of 2019.

The following table compares Defiance to other St. Charles County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Defiance38-62.5%$435,000$360,00020.8%
Augusta57-28.6%$385,000$334,00015.3%
Foristell23-33.3%$302,500$312,500-3.2%
Dardenne Prairie63621.6%$280,000$262,5006.7%
Lake St. Louis8485-1.2%$254,950$219,00016.4%
Wentzville1481368.8%$234,450$239,700-2.2%
Weldon Spring1191135.3%$233,500$244,900-4.7%
O'Fallon302331-8.8%$225,000$210,0007.1%
St. Peters324325-0.3%$210,500$187,50012.3%
Cottleville856237.1%$198,750$186,4006.6%
St. Paul13785.7%$195,000$169,90014.8%

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