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Friday, April 19, 2024

Fairview Heights home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Fairview Heights rose by $15,500 while total sales decreased by 3.1%, according to BlockShopper.com.

From July through September of 2018, there were 93 homes sold, with a median sale price of $130,000 - a 13.5% increase over the $114,500 median sale price for the same period of the previous year. There were 96 homes sold in Fairview Heights in the third quarter of 2017.

The median sales tax in Fairview Heights for the most recent year with available data, 2016, was $2,487, approximately 1.9% of the median home sale price for the third quarter of 2018.

The following table compares Fairview Heights to other St. Clair County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Mascoutah625121.6%$172,950$177,000-2.3%
Miller4333.3%$168,700$195,000-13.5%
Swansea6566-1.5%$162,000$167,750-3.4%
Freeburg1826-30.8%$158,000$136,25016%
Millstadt1323-43.5%$133,000$190,000-30%
Fairview Heights9396-3.1%$130,000$114,50013.5%
Lebanon332437.5%$120,000$175,000-31.4%
Belleville314330-4.8%$95,000$93,5001.6%
Dupo291770.6%$90,500$33,000174.2%
Briar Hill42100%$88,000$83,0006%
Collinsville1823-21.7%$81,000$130,000-37.7%

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