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Foreclosures in Fairfield, IL 62809

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Fairfield, IL Foreclosures

How much do homes sell for in Fairfield, IL?
The average home price is currently $130,532.
What’s the average rental cost in Fairfield, IL?
The average rental price in Fairfield is $911.
What is the most expensive home in Fairfield?
The most expensive home sold in Fairfield had a price of $2,611,098.
What is currently the cheapest priced home in Fairfield, IL?
The cheapest home for sale in Fairfield is priced at $11,214.

Living in Fairfield, IL

Fairfield, IL, is a picturesque small town that combines the tranquility of rural living with accessible amenities. With its friendly community and abundant outdoor activities, it is a delightful place to call home. Residents enjoy local parks, annual events, and close proximity to larger urban centers.

Current Market Conditions in Fairfield, IL

The real estate market in Fairfield is currently characterized by steady growth, attracting both families and retirees looking for affordable housing options. Home prices have been rising due to increased demand, and the market remains competitive as more buyers recognize the charm and convenience of living in this area.

Investors are finding Fairfield an appealing location, as the average home price is still below the national average, making it a promising market for real estate investment. With multiple local developments underway, the potential for appreciation in property values looks favorable.

Home Value Estimator For Fairfield, IL

There are currently 2,986 real estate properties in Fairfield, IL, with a median automated valuation model (AVM) price of $106,519.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairfield, 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 Fairfield, IL, is $130,532.00, with the most expensive house in Fairfield, IL, topping out at $2,611,098.00 and the cheapest home in Fairfield, IL, clocking in at $11,214.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairfield, IL!

Rent Prices In Fairfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairfield, IL, is on a rollercoaster ride. The average rent price in Fairfield, IL, is $911.00. Indeed, when looking to rent in Fairfield, IL, you can expect to pay as little as $530.00 or as much as $1,880.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Fairfield, 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.

Fairfield, IL 62809 Foreclosures

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