Is Fairview Heights, IL 62208 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Fairview Heights is a seller’s market. With about 2.1 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score76/ 100

More competitive than 80% of U.S. ZIP codes, and #134 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list38.3%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$134▲ +4.3% vs. last year

The Fairview Heights housing market right now

In the three months ending August 31, 2026, 38% of homes in Fairview Heights, IL 62208 sold above their list price, the typical home went under contract in 31 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 62 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 62%, homes sold faster (37 days then) and the median sale price fell 12% to $209,909. Overall, Fairview Heights is less competitive than a year ago, which gives buyers more room.

Within St. Clair County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 79%. On our competition score, Fairview Heights ranks #134 of 464 IL ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Summerfield 62289 (0% sold over asking) or Saint Libory 62282 (0% sold over asking), while East Carondelet 62240 (75% sold over asking) and Freeburg 62243 (57% sold over asking) are even more competitive.

Nearby markets

Belleville 62220Seller’s market $112 /sq ftBelleville 62221Seller’s market $136 /sq ftBelleville 62223Seller’s market $116 /sq ftBelleville 62226Seller’s market $120 /sq ft Browse all markets →

Where Fairview Heights is

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Questions about Fairview Heights real estate

Is Fairview Heights a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Fairview Heights, IL 62208 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fairview Heights?

The typical home went under contract in 31 days in the latest three months.

Do homes in Fairview Heights sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.

What are property taxes in Fairview Heights?

About 2.03% of a home’s value a year in St. Clair County, or roughly $8,120 on a $400,000 home.

What is the median home price in Fairview Heights?

The median sale price was $209,909 in the three months ending August 31, 2026, about $134 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology