In May 2018, there were three homes sold, with a median sale price of $41,250 - a 52.8% increase over the $27,000 median sale price for the same period of the previous year. There were two homes sold in Fairmont in May 2017.
The median sales tax in Fairmont for the most recent year with available data, 2017, was $1,044.80, approximately 2.5% of the median home sale price for May 2018.
The following table compares Fairmont to other Will County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakewood Falls | 3 | 3 | 0% | $154,000 | $129,900 | 18.6% |
| Crete | 14 | 17 | -17.6% | $154,000 | $125,000 | 23.2% |
| Godley | 1 | 1 | 0% | $152,500 | $70,000 | 117.9% |
| Ingalls Park | 2 | 6 | -66.7% | $142,000 | $64,650.50 | 119.6% |
| Lakewood Shores | 2 | 3 | -33.3% | $137,450 | $92,000 | 49.4% |
| Coynes | 2 | 1 | 100% | $136,000 | $145,000 | -6.2% |
| Preston Heights | 1 | 0 | - | $135,000 | $0 | - |
| Steger | 5 | 2 | 150% | $82,000 | $60,000 | 36.7% |
| Park Forest | 2 | 7 | -71.4% | $56,450 | $65,000 | -13.2% |
| Fairmont | 3 | 2 | 50% | $41,250 | $27,000 | 52.8% |
| University Park | 4 | 6 | -33.3% | $38,500 | $57,500 | -33% |
Alerts Sign-up