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Wednesday, April 24, 2024

Q4 real estate sales report: Fairview Heights

Realestate4

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

From October to December, 75 homes sold in Fairview Heights for a median price of $118,000. That's 1.8 percent lower than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Fairview Heights was $2,897.66 in 2016 according to tax data from that year. That means homeowners pay 2.4 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
83
$131,040
-
2010
65
$161,310
23.1%
2011
65
$96,050
-40.5%
2012
67
$106,275
10.6%
2013
69
$117,720
10.8%
2014
63
$120,840
2.7%
2015
51
$117,660
-2.6%
2016
78
$119,700
1.7%
2017
80
$120,105
0.3%
2018
75
$118,000
-1.8%

Median property tax
Median sale price
Effective property tax rate
2012
$2,203.12
$106,275
2.1%
2013
$2,421.44
$117,720
2.1%
2014
$2,091.27
$120,840
1.7%
2015
$2,617.60
$117,660
2.2%
2016
$2,897.66
$119,700
2.4%

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