From July to September, 5 homes sold in Fairmont for a median price of $116,000. That's 21.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Fairmont.
Median property tax for homeowners in Fairmont was $2,050.61 in 2017 according to tax data from that year. That means homeowners pay 1.4 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.
Fairmont real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$91,494
-
2010
12
$51,647
-43.6%
2011
10
$47,460
-8.1%
2012
8
$30,793
-35.1%
2013
21
$45,143
46.6%
2014
12
$77,751
72.2%
2015
6
$68,370
-12.1%
2016
6
$117,600
72%
2017
5
$147,900
25.8%
2018
5
$116,000
-21.6%
Median property tax
Median sale price
Effective property tax rate
2010
$2,307.73
$51,647
4.5%
2011
$1,668.54
$47,460
3.5%
2012
$1,552.65
$30,793
5%
2013
$1,675.05
$45,143
3.7%
2014
$1,679.40
$77,751
2.2%
2015
$2,483.97
$68,370
3.6%
2016
$1,729.96
$117,600
1.5%
2017
$2,050.60
$147,900
1.4%
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