From July through September of 2017, there were seven homes sold, with a median sale price of $40,000 - a 9.6% increase over the $36,500 median sale price for the same period of the previous year. There were six homes sold in Fairmont City in the third quarter of 2016.
The median sales tax in Fairmont City for the most recent year with available data, 2016, was $959.50, approximately 2.4% of the median home sale price for the third quarter of 2017.
The following table compares Fairmont City to other St. Clair County cities with similar median sales prices in the third quarter of 2017:
| City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| New Athens | 6 | 7 | -14.3% | $75,750 | $105,000 | -27.9% |
| Oak Hills | 2 | 1 | 100% | $66,000 | $78,500 | -15.9% |
| Crest Hill | 5 | 2 | 150% | $60,000 | $61,500 | -2.4% |
| Marissa | 7 | 9 | -22.2% | $50,000 | $66,500 | -24.8% |
| Lenzburg | 2 | 2 | 0% | $49,250 | $30,250 | 62.8% |
| Fairmont City | 7 | 6 | 16.7% | $40,000 | $36,500 | 9.6% |
| Dupo | 17 | 14 | 21.4% | $33,000 | $79,000 | -58.2% |
| Alorton | 2 | 1 | 100% | $32,500 | $15,000 | 116.7% |
| Cahokia | 73 | 69 | 5.8% | $20,500 | $20,000 | 2.5% |
| Centreville | 1 | 3 | -66.7% | $17,000 | $13,000 | 30.8% |
| East St. Louis | 22 | 24 | -8.3% | $10,000 | $11,750 | -14.9% |
Alerts Sign-up