Quantcast

Chambana Sun

Tuesday, November 26, 2024

Q2 real estate sales report: Fairmount

Re 3

Median prices rose in Fairmount over last year, and are down 12 percent over 8 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Fairmount for a price of $87,000. That's 326.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Fairmount.

Median property tax for homeowners in Fairmount was $557 in 2016 according to tax data from that year. That means homeowners pay 10.6 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Fairmount real estate: Q2 2011-2018
Properties sold
Median sale price
Change in sale price
2011
1
$98,875
-
2012
2
$22,073
-77.7%
2013
2
$40,500
83.5%
2016
1
$5,250
-87%
2017
3
$20,400
288.6%
2018
1
$87,000
326.5%

Median property tax
Median sale price
Effective property tax rate
2016
$557
$5,250
10.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS