Foreclosure Homes in Fairmont City, IL

Buyer vs Seller Market in Fairmont City, IL

The real estate market in Fairmont City has shown positive growth over the past year, driven by an influx of buyers seeking affordable housing options near St. Louis. The average home prices have increased steadily, reflecting the rising demand for properties in this area.

There is a noticeable trend of first-time home buyers entering the market, attracted by the affordability of homes compared to surrounding areas. This has led to a competitive environment, particularly for entry-level homes.

Rent Prices In Fairmont City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairmont City, IL, is on a rollercoaster ride. The average rent price in Fairmont City, IL, is $856.00. Indeed, when looking to rent in Fairmont City, IL, you can expect to pay as little as $620.00 or as much as $1,120.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Fairmont City, 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.