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Single Family ResidentialResidential
$63,672
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $7,000 on Aug 26, 2015

505 W SUMMIT ST

FAIRFIELD, IL 62837
0
Baths
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$64K
$55K low$72K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$7,000 · Aug 26, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$677 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$8,411 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,417
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$4,994
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$7,813
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$25,233

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.41
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
85
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
81
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
27
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyWAYNE
Lot (acres)The size of the land the home sits on, from county records.0.12
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Center Street Elementary SchoolC+
Middle · Grades 4–8 · 0.4 mi
E
North Side Elementary SchoolB+
Elementary · Grades PK–3 · 0.5 mi
H
Fairfield Community High SchoolB
High · Grades 9–12 · 0.6 mi

District: Fairfield Public School District 112

Neighborhood · ZIP 62837These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.123
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.216

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.8,452
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.39 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$54,720
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,826
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

505 W Summit St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 75% of homes in Fairfield 62837
  • Has a smaller lot than 97% of homes in Fairfield 62837

What homes are worth in Fairfield 62837

Each bar is how many homes fall in that price range. The marker is this home.

This home
$36K$272K

This home is worth more than 25% of homes in Fairfield 62837.

How it measures up in Fairfield 62837

The dot is this home. The mark in the middle is the typical home in Fairfield 62837.

Estimated value$63,672
CheaperTypical $89,008Pricier

Pricier than 25% of homes nearby

Lot size0.12 ac
SmallerTypical 0.4 acBigger

Bigger than 3% of homes nearby

How 505 W Summit St ranks against every home in each area.
MeasureThis homeFairfield 62837Wayne County
Estimated valuepricier than$63,67225% of homes26% of homes
Lot sizebigger than0.12 ac3% of homes3% of homes

About 505 W Summit St

How much is 505 W Summit St, Fairfield, IL worth?

The TopHap Estimate for 505 W Summit St, Fairfield, IL is $63,672 as of Sep 24, 2026. The likely range is $54,991 to $72,353. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 W Summit St, Fairfield, IL last sell?

505 W Summit St, Fairfield, IL last sold on Aug 26, 2015 for $7,000, according to the county's recorded deed.

What schools serve 505 W Summit St, Fairfield, IL?

505 W Summit St, Fairfield, IL is assigned to Center Street Elementary School (middle), rated C+; North Side Elementary School (elementary), rated B+; Fairfield Community High School (high), rated B. All sit in Fairfield Public School District 112. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 W Summit St, Fairfield, IL compare to other homes in Fairfield 62837?

Among the 3,430 homes in Fairfield 62837, it is worth more than 25% of them ($63,672 against a typical $89,008) and its lot is bigger than 3% of them (0.12 ac against a typical 0.4 ac). Measured against all of Wayne County, it is worth more than 26% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 W Summit St, Fairfield, IL?

The 2025 property tax bill for 505 W Summit St, Fairfield, IL was $677. The county assessed it at $8,411.

More homes on W Summit St

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Assigned schools

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