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Foreclosure Homes in Fairmont City, IL

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Fairmont City, IL Foreclosures

How much do homes sell for in Fairmont City, IL?
The average home price is currently $127,788.
In Fairmont City, IL, how many homes are available?
There are currently 9 active home listings available in Fairmont City.
What’s the average rental cost in Fairmont City, IL?
The average rental price in Fairmont City is $856.
What is the most expensive home in Fairmont City?
The most expensive home sold in Fairmont City had a price of $1,833,896.
What is currently the cheapest priced home in Fairmont City, IL?
The cheapest home for sale in Fairmont City is priced at $28,849.

Living in Fairmont City, IL

Fairmont City is a small yet dynamic community that offers residents a blend of suburban comfort and access to urban conveniences. Nestled near St. Louis, it provides a unique lifestyle with a variety of local amenities, parks, and schools. Whether you're enjoying the neighborhood parks or taking a short trip across the river for entertainment, Fairmont City is a hidden gem in Illinois.

Current Market Conditions in Fairmont City, IL

The real estate market in Fairmont City has shown promising growth trends lately. Properties are being sold at competitive prices, and there is a marked increase in interest from homebuyers looking for affordable housing options close to St. Louis. The demand for housing has been strong, partially due to rising prices in nearby areas.

Home Value Estimator For Fairmont City, IL

There are currently 75 real estate properties in Fairmont City, IL, with a median automated valuation model (AVM) price of $80,185.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairmont City, 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 Fairmont City, IL, is $127,788.00, with the most expensive house in Fairmont City, IL, topping out at $1,833,896.00 and the cheapest home in Fairmont City, IL, clocking in at $28,849.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairmont City, IL!

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.

Fairmont City, IL Foreclosures

Market Trend for Fairmont City, IL

Total Listings Available: 9

Market Values:

Home Prices from $28,849 to $1,833,896

Average Sales Price: $127,788

Rental Values:

Rental from $620 to $1,120

Average Rent Value: $856 / month

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