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Monday, November 25, 2024

Fairmont City (St. Clair County) home prices rise in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Fairmont City in St. Clair County rose by $4,000 while total sales increased by 50%, according to BlockShopper.com.

From July through December of 2017, there were 12 homes sold, with a median sale price of $40,500 - a 11% increase over the $36,500 median sale price for the same period of the previous year. There were eight homes sold in Fairmont City in the second half of 2016.

The median sales tax in Fairmont City for the most recent year with available data, 2016, was $959, approximately 2.4% of the median home sale price for the second half of 2017.

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

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
North Dupo20-$64,000$0-
Crest Hill63100%$60,750$98,000-38%
Dupo333010%$55,000$84,250-34.7%
Lenzburg63100%$49,250$38,50027.9%
Marissa1214-14.3%$49,000$63,250-22.5%
Fairmont City12850%$40,500$36,50011%
Cahokia1481368.8%$27,000$21,25027.1%
Alorton31200%$15,000$15,0000%
East Carondelet110%$11,000$34,000-67.6%
East St. Louis444010%$10,750$11,250-4.4%
Centreville11837.5%$9,000$12,250-26.5%
* This story only considers sales data for the part of Fairmont City that is in St. Clair County.

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