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Thursday, November 28, 2024

February 2022: Fairview Heights experienced a 10.5% increase in median home prices

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The median sale price of a home sold in February 2022 in Fairview Heights rose by $14,500 while total sales decreased by 27.3%, according to BlockShopper.com.

In February 2022, there were 16 homes sold, with a median sale price of $152,750 - a 10.5% increase over the $138,250 median sale price for the same period of the previous year. There were 22 homes sold in Fairview Heights in February 2021.

The median sales tax in Fairview Heights for the most recent year with available data, 2019, was $2,529, approximately 1.7% of the median home sale price for February 2022.

The following table compares Fairview Heights to other St. Clair County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Smithton57-28.6%$225,000$235,900-4.6%
Millstadt34-25%$214,000$372,000-42.5%
O'Fallon2026-23.1%$212,450$209,0001.7%
Mascoutah810-20%$197,000$175,45012.3%
Lebanon73133.3%$155,000$120,00029.2%
Fairview Heights1622-27.3%$152,750$138,25010.5%
Collinsville23-33.3%$141,500$116,00022%
St. Libory20-$141,500$0-
Belleville907815.4%$114,950$108,5755.9%
New Athens21100%$103,750$230,000-54.9%
Freeburg47-42.9%$103,500$124,900-17.1%

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