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Preforeclosure 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 $207,180.
In Fairbury, IL, how many homes are available?
There are currently 1 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 $2,618,675.
What is currently the cheapest priced home in Fairbury, IL?
The cheapest home for sale in Fairbury is priced at $15,628.

Living in Fairbury, IL

Fairbury, IL, is a tight-knit community that offers a welcoming atmosphere paired with rural charm. The town has a good mix of amenities, beautiful parks, and active community events, making it an attractive place for both families and retirees. The area is known for its friendly residents and small-town culture.

Current Market Conditions in Fairbury, IL

The real estate market in Fairbury has been gradually gaining momentum. The combination of affordable homes and a stable job market has attracted new residents looking for a quiet, rural lifestyle. Prices have remained consistent, making it a favorable market for both buyers and sellers.

There has been a noticeable increase in house renovations and new constructions this year, indicating a revitalization of interest in living in Fairbury. The local economy seems healthy, contributing to a positive overall sentiment in the housing market.

Home Value Estimator For Fairbury, IL

There are currently 1,990 real estate properties in Fairbury, IL, with a median automated valuation model (AVM) price of $178,298.00. 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 $207,180.00, with the most expensive house in Fairbury, IL, topping out at $2,618,675.00 and the cheapest home in Fairbury, IL, clocking in at $15,628.00. 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 Preforeclosure Homes


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