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Sunday, November 24, 2024

Fairmont City (St. Clair County) home prices fall in 2017

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The median sale price of a home sold in 2017 in Fairmont City in St. Clair County fell by $2,000 while total sales increased by 18.2%, according to BlockShopper.com.

From January through December of 2017, there were 13 homes sold, with a median sale price of $41,000 - a 4.7% decrease over the $43,000 median sale price for the previous year. There were 11 homes sold in Fairmont City in 2016.

The median sales tax in Fairmont City for the most recent year with available data, 2016, was $959, approximately 2.3% of the median home sale price for 2017.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Caseyville1018026.3%$65,000$62,0004.8%
New Athens322339.1%$61,250$92,500-33.8%
Crest Hill10825%$46,500$30,00055%
Marissa2528-10.7%$44,000$51,500-14.6%
Oak Hills46-33.3%$42,000$95,000-55.8%
Fairmont City131118.2%$41,000$43,000-4.7%
Lenzburg9580%$40,000$38,5003.9%
North Dupo6520%$34,000$48,500-29.9%
Cahokia31227214.7%$23,500$20,75013.3%
Alorton3250%$15,000$12,75017.6%
East St. Louis91865.8%$11,000$11,500-4.3%
* This story only considers sales data for the part of Fairmont City that is in St. Clair County.

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