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Saturday, November 2, 2024

How did home prices perform in Fairview Heights during the first half of 2022?

Realestate5

The median sale price of a home sold in the first half of 2022 in Fairview Heights rose by $19,000 while total sales decreased by 3.4 percent, according to BlockShopper.com.

From January through June, there were 170 homes sold, with a median sale price of $150,000 - a 14.5 percent increase over the $131,000 median sale price for the same period of the previous year. There were 176 homes sold in Fairview Heights in the first half of 2021.

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

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

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Millstadt3036-16.7$200,000$210,000-4.8
Freeburg3045-33.3$170,000$154,9009.7
St. Libory63100$162,500$135,00020.4
Collinsville2630-13.3$160,000$115,00039.1
Lebanon544228.6$159,500$148,7507.2
Fairview Heights170176-3.4$150,000$131,00014.5
Oak Hills24-50$137,500$119,75014.8
Belleville682707-3.5$120,500$110,0009.5
New Athens2224-8.3$105,000$88,00019.3
Caseyville544910.2$99,500$90,00010.6
Dupo423520$90,000$119,000-24.4

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