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Monday, November 25, 2024

Fairmont City (St. Clair County) home prices rise in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Fairmont City in St. Clair County rose by $23,500 while total sales increased by 150%, according to BlockShopper.com.

From October through December of 2017, there were five homes sold, with a median sale price of $53,500 - a 78.3% increase over the $30,000 median sale price for the same period of the previous year. There were two homes sold in Fairmont City in the fourth quarter of 2016.

The median sales tax in Fairmont City for the most recent year with available data, 2016, was $959.50, approximately 1.8% of the median home sale price for the fourth quarter of 2017.

The following table compares Fairmont City to other St. Clair County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Dupo16160%$77,000$84,250-8.6%
North Dupo20-$64,000$0-
Crest Hill110%$61,500$98,000-37.2%
New Athens9650%$59,500$95,000-37.4%
Caseyville2325-8%$54,000$62,000-12.9%
Fairmont City52150%$53,500$30,00078.3%
Briar Hill20-$49,000$0-
Marissa550%$48,000$60,000-20%
Lenzburg41300%$41,750$48,500-13.9%
Cahokia756711.9%$30,000$23,00030.4%
East St. Louis221637.5%$13,500$10,00035%
* This story only considers sales data for the part of Fairmont City that is in St. Clair County.

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