Fairmount, IL Foreclosures
How much do homes sell for in Fairmount, IL?
The average home price is currently $161,690.
In Fairmount, IL, how many homes are available?
There are currently 4 active home listings available in Fairmount.
What’s the average rental cost in Fairmount, IL?
The average rental price in Fairmount is $1,081.
What is the most expensive home in Fairmount?
The most expensive home sold in Fairmount had a price of $614,803.
What is currently the cheapest priced home in Fairmount, IL?
The cheapest home for sale in Fairmount is priced at $10,867.
Living in Fairmount, IL
Fairmount, Illinois, is a quaint village known for its strong community ties and beautiful rural scenery. With a focus on family-friendly activities and outdoor recreation, it offers a perfect blend of small-town charm and convenience. Residents enjoy a peaceful lifestyle with nearby access to larger urban hubs.
Current Market Conditions in Fairmount, IL
The real estate market in Fairmount has been stable, with a slight increase in home prices over the past year. The demand for properties has remained consistent, with many buyers looking for affordable options in a tranquil setting, leading to a competitive market.
Available homes are primarily single-family residences, with buyers predominantly consisting of families and professionals looking to escape more urbanized areas. The area is experiencing growth as more people recognize the benefits of living in smaller communities.
Home Value Estimator For Fairmount, IL
There are currently 493 real estate properties
in Fairmount, IL,
with a median automated valuation model (AVM) price
of $134,944.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairmount, 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 Fairmount, IL,
is $161,690.00, with the most expensive house
in Fairmount, IL, topping out
at $614,803.00 and the cheapest home
in Fairmount, IL,
clocking in at $10,867.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairmount, IL!
Rent Prices
In Fairmount, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairmount, IL, is on
a rollercoaster ride. The
average rent price in Fairmount, IL,
is $1,081.00. Indeed, when looking to rent in
Fairmount, IL, you can expect to pay as little
as $670.00 or as much
as $2,060.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Fairmount, 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.
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