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South Central Reporter

Thursday, November 28, 2024

New Baden home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in New Baden fell by $11,395 while total sales increased by 250%, according to BlockShopper.com.

From January through March of 2018, there were 14 homes sold, with a median sale price of $117,605 - a 8.8% decrease over the $129,000 median sale price for the same period of the previous year. There were four homes sold in New Baden in the first quarter of 2017.

The median sales tax in New Baden for the most recent year with available data, 2016, was $2,530, approximately 2.2% of the median home sale price for the first quarter of 2018.

The following table compares New Baden to other Clinton County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Beckemeyer25-60%$142,000$39,000264.1%
Albers23-33.3%$129,500$105,50022.7%
New Baden144250%$117,605$129,000-8.8%
Damiansville110%$110,000$155,000-29%
Breese121020%$109,750$127,250-13.8%
Aviston45-20%$106,250$65,00063.5%
Germantown4333.3%$74,250$82,000-9.5%
Carlyle10911.1%$72,250$76,000-4.9%
Trenton550%$58,500$99,900-41.4%
Centralia20-$43,450$0-
Keyesport110%$41,000$35,00017.1%

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