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Friday, April 19, 2024

Q1 real estate sales report: Fairview Heights

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Median prices rose in Fairview Heights over last year, and are down 72.2 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 55 homes sold in Fairview Heights for a median price of $105,000. That's 10.7 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Fairview Heights.

Median property tax for homeowners in Fairview Heights was $2,635.63 in 2016 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Fairview Heights real estate: Q1 2009-2018

Properties sold
Median sale price
Change in sale price
2009
44
$377,325
-
2010
63
$121,980
-67.7%
2011
45
$111,870
-8.3%
2012
57
$130,800
16.9%
2013
52
$117,450
-10.2%
2014
43
$114,480
-2.5%
2015
43
$90,100
-21.3%
2016
59
$93,450
3.7%
2017
50
$94,860
1.5%
2018
55
$105,000
10.7%

Median property tax
Median sale price
Effective property tax rate
2012
$2,759.83
$130,800
2.1%
2013
$2,405.25
$117,450
2%
2014
$2,633.27
$114,480
2.3%
2015
$2,661.46
$90,100
3%
2016
$2,635.62
$93,450
2.8%

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