Fairview Heights, IL Home Values & Market Trends
Real estate market trends reflect that there have been 316 transactions over the past year in Fairview Heights. The median value for residential home transactions that occurred over the previous year is $230,000. The number of current listings in Fairview Heights is 243, and the percentage of properties for sale in the city is 243.00%. Fairview Heights, IL currently has 28 properties in foreclosure, 2 bank owned properties, 7 properties headed for auction, and 243 properties for sale.
Fairview Heights, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62208 | $ 230,000 $ 177/sqft |
Housing Market Summary for Fairview Heights, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $187.9K | $194.9K | 3.70% |
| Median Sold Price | $189.3K | $195.2K | 3.15% |
| Homes For Sale | 142 | 239 | 68.31% |
| Homes Sold | 155 | 116 | -25.16% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fairview Heights, IL
Browse Homes in Fairview Heights, IL
Fairview Heights home values range from $34,503 to $593,224. The median estimated value of a home in Fairview Heights is $230,000. The median list price of a home is 194,900, and the total count of properties in the city is 415.
- Pre-ForeclosurePre-foreclosure homes account for 4.58% of all residential properties in Fairview Heights, IL with 62208 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Fairview Heights, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $391,501 in 62208 to the lowest home value of $58,049 in 62208.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fairview Heights, IL ranges from the highest value of $223,014 in 62208 to the lowest value of $219,356 in 62208. Bank owned homes and properties account for 0.48% of properties in Fairview Heights, IL. There is 1 zips within Fairview Heights, IL; 62208 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62208 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Fairview Heights, IL. Auction homes and other auction properties account for 1.69% of all properties in Fairview Heights, IL. There is 1 zips within Fairview Heights, IL; of that zips, the median estimated home value for homes going to auction ranges from $329,485 in 62208 to the lowest value of $117,360 in 62208.
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Guide for Fairview Heights, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
