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Foreclosure Homes in Fairbury, IL 61739

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Fairbury, IL Foreclosures

How much do homes sell for in Fairbury, IL?
The average home price is currently $196,850.
In Fairbury, IL, how many homes are available?
There are currently 6 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 $2,641,360.
What is currently the cheapest priced home in Fairbury, IL?
The cheapest home for sale in Fairbury is priced at $15,740.

Living in Fairbury, IL

Fairbury, Illinois is a cozy town that combines the tranquility of rural living with the conveniences of small-town amenities. With friendly neighbors and a tight-knit community, this area is perfect for families and individuals seeking a slower pace of life. Residents enjoy access to parks and outdoor events while being within driving distance to larger urban centers.

Current Market Conditions in Fairbury, IL

The real estate market in Fairbury, IL is currently stable with a slight increase in home values over the past few months. The demand for homes remains steady, driven largely by first-time buyers and families seeking more affordable housing options. The local market has experienced lower inventory levels, which is leading to quicker sales and increasing sale prices.

Home Value Estimator For Fairbury, IL

There are currently 1,783 real estate properties in Fairbury, IL, with a median automated valuation model (AVM) price of $170,089.00. 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 $196,850.00, with the most expensive house in Fairbury, IL, topping out at $2,641,360.00 and the cheapest home in Fairbury, IL, clocking in at $15,740.00. 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 61739 Foreclosures


Market Trend for Fairbury, IL

Total Listings Available: 6

Market Values:

Home Prices from $15,740 to $2,641,360

Average Sales Price: $196,850

Rental Values:

Rental from $660 to $2,370

Average Rent Value: $1,270 / month

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