Rising home prices in Fairmont in April 2021

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The median sale price of a home sold in April 2021 in Fairmont rose by $8,750 while total sales increased by 150%, according to BlockShopper.com.

In April 2021, there were five homes sold, with a median sale price of $85,000 - a 11.5% increase over the $76,250 median sale price for the same period of the previous year. There were two homes sold in Fairmont in April 2020.

The median sales tax in Fairmont for the most recent year with available data, 2019, was $1,258, approximately 1.5% of the median home sale price for April 2021.

The following table compares Fairmont to other Will County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Wellington Heights20-$167,500$0-
Braidwood56-16.7%$155,000$172,950-10.4%
Wilmington770%$148,000$205,000-27.8%
Ingalls Park4333.3%$142,500$121,00017.8%
Crystal Lawns23-33.3%$116,500$182,000-36%
Steger5366.7%$110,000$75,90044.9%
Ridgewood20-$97,500$0-
University Park72250%$94,000$112,500-16.4%
Fairmont52150%$85,000$76,25011.5%
Park Forest63100%$76,500$70,0009.3%
Minooka110%$55,000$318,000-82.7%

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