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Foreclosure Homes in Fairmount, IL

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Fairmount, IL Foreclosures

Current Market Conditions in in Fairmount, IL As of April 2026?
Over the past month, Fairmount has experienced a modest uptick in real estate activity with increased listings and a steady flow of buyer interest. Homes are selling at a reasonable pace, indicating a healthy market for a town of its size. The average days on market have decreased slightly, with well-priced homes attracting multiple offers, suggesting that buyers are eager to settle in this friendly community.
How much do homes sell for in Fairmount, IL?
The average home price is currently $177,806.
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 $2,059,303.
What is currently the cheapest priced home in Fairmount, IL?
The cheapest home for sale in Fairmount is priced at $10,534.

Living in Fairmount, IL

Fairmount, IL is a quaint village that offers a peaceful rural lifestyle with strong community ties. Nestled in Vermilion County, it features local amenities and a focus on family-friendly living. With nearby parks and recreational activities, this small town is ideal for those seeking tranquility without sacrificing access to essential services.

Buyer vs Seller Market in Fairmount, IL

The real estate market in Fairmount is currently stable, characterized by a balanced supply of homes for sale and buyers seeking affordable housing in a quiet community. Recent weeks have seen a slight increase in home listings, allowing buyers more options at reasonable prices.

Trends show a growing interest in rural properties as more individuals seek peaceful living environments away from urban centers. This has resulted in a gradual appreciation in home values, though prices remain accessible compared to larger towns.

Home Value Estimator For Fairmount, IL

There are currently 587 real estate properties in Fairmount, IL, with a median automated valuation model (AVM) price of $142,056.00. 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 $177,806.00, with the most expensive house in Fairmount, IL, topping out at $2,059,303.00 and the cheapest home in Fairmount, IL, clocking in at $10,534.00. 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.

Fairmount, IL Foreclosures

Market Trend for Fairmount, IL

Total Listings Available: 4

Market Values:

Home Prices from $10,534 to $2,059,303

Average Sales Price: $177,806

Rental Values:

Rental from $670 to $2,060

Average Rent Value: $1,081 / month

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