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Friday, November 22, 2024

Q2 real estate sales report: Fairview Heights

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Median prices declined in Fairview Heights over last year, and are down 45.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 64 homes sold in Fairview Heights for a median price of $114,000. That's 8.8 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in Fairview Heights was $2,890.93 in 2016 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Fairview Heights real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
69
$210,600
-
2010
100
$155,040
-26.4%
2011
62
$127,973
-17.5%
2012
52
$119,355
-6.7%
2013
64
$107,460
-10%
2014
72
$111,830
4.1%
2015
80
$121,900
9%
2016
100
$117,338
-3.7%
2017
96
$124,950
6.5%
2018
64
$114,000
-8.8%

Median property tax
Median sale price
Effective property tax rate
2012
$2,474.43
$119,355
2.1%
2013
$2,167.95
$107,460
2%
2014
$2,482.77
$111,830
2.2%
2015
$2,632.24
$121,900
2.2%
2016
$2,890.93
$117,338
2.5%

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