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Friday, June 20, 2025

Median home prices in Fairmount fell to $78,500 in the second half of 2021

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The median sale price of a home sold in the second half of 2021 in Fairmount fell by $7,250 while total sales decreased by 50%, according to BlockShopper.com.

From July through December of 2021, there were two homes sold, with a median sale price of $78,500 - a 8.5% decrease over the $85,750 median sale price for the same period of the previous year. There were four homes sold in Fairmount in the second half of 2020.

The median sales tax in Fairmount for the most recent year with available data, 2019, was $1,342, approximately 1.7% of the median home sale price for the second half of 2021.

The following table compares Fairmount to other Vermilion County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Oakwood58-37.5%$105,000$67,00056.7%
Potomac82300%$88,500$34,500156.5%
Westville362544%$82,750$59,10040%
Fithian440%$82,500$94,450-12.7%
Allerton21100%$80,000$84,900-5.8%
Fairmount24-50%$78,500$85,750-8.5%
Danville283288-1.7%$72,000$50,00044%
Belgium21100%$71,000$92,900-23.6%
Olivet72250%$65,000$68,442.50-5%
Georgetown342254.5%$60,267$48,70023.8%
Bismarck37-57.1%$60,000$136,000-55.9%

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