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Foreclosure Homes in Fairbury, IL

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Fairbury, IL Foreclosures

How much do homes sell for in Fairbury, IL?
The average home price is currently $198,504.
In Fairbury, IL, how many homes are available?
There are currently 7 active home listings available in Fairbury.
What’s the average rental cost in Fairbury, IL?
The average rental price in Fairbury is $1,270.
What is the most expensive home in Fairbury?
The most expensive home sold in Fairbury had a price of $2,617,451.
What is currently the cheapest priced home in Fairbury, IL?
The cheapest home for sale in Fairbury is priced at $15,645.

Living in Fairbury, IL

Fairbury, a quaint town in Illinois, offers a unique blend of rural charm and suburban convenience. With strong community ties and accessible amenities, it is a great place to live for families and individuals seeking a peaceful lifestyle. The area is also rich in local history and outdoor activities.

Current Market Conditions in Fairbury, IL

Fairbury's real estate market has shown stability, with a steady demand for homes and a balanced inventory of listings. The market caters to a variety of buyers, from first-time homeowners to retirees seeking a quiet place to live.

Currently, homes in Fairbury are averaging around $150,000 to $250,000, appealing to buyers looking for affordability without sacrificing a community feel. The market is expected to continue evolving, attracting new investments and residents.

Home Value Estimator For Fairbury, IL

There are currently 1,801 real estate properties in Fairbury, IL, with a median automated valuation model (AVM) price of $174,044.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairbury, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fairbury, IL, is $198,504.00, with the most expensive house in Fairbury, IL, topping out at $2,617,451.00 and the cheapest home in Fairbury, IL, clocking in at $15,645.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairbury, IL!

Rent Prices In Fairbury, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairbury, IL, is on a rollercoaster ride. The average rent price in Fairbury, IL, is $1,270.00. Indeed, when looking to rent in Fairbury, IL, you can expect to pay as little as $660.00 or as much as $2,370.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Fairbury, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fairbury, IL Foreclosures


Market Trend for Fairbury, IL

Total Listings Available: 7

Market Values:

Home Prices from $15,645 to $2,617,451

Average Sales Price: $198,504

Rental Values:

Rental from $660 to $2,370

Average Rent Value: $1,270 / month

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