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Condo Foreclosures in Fairmount, IL

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Fairmount, IL Foreclosures

Current Market Conditions in in Fairmount, IL As of March 2026?
In the past month, Fairmount's real estate market has experienced heightened interest and activity. The average time on the market has decreased slightly as potential buyers respond to renewed inventory and favorable interest rates. Pricing has remained stable, reflecting overall confidence in the local economy and community amenities. Home sales have picked up, and we expect this trend to continue as seasonal buying patterns typically gain momentum.
How much do homes sell for in Fairmount, IL?
The average home price is currently $177,639.
In Fairmount, IL, how many homes are available?
There are currently 1 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 $2,079,264.
What is currently the cheapest priced home in Fairmount, IL?
The cheapest home for sale in Fairmount is priced at $10,636.

Living in Fairmount, IL

Fairmount, Illinois, is a picturesque village that offers a tranquil lifestyle with a strong sense of community. Residents enjoy the peaceful surroundings complemented by local amenities and proximity to more urban centers. With access to beautiful parks and outdoor activities, Fairmount is perfect for nature lovers and those seeking a quiet retreat.

Buyer vs Seller Market in Fairmount, IL

The real estate market in Fairmount has shown a steady increase in property values over the last few years, largely due to its desirable location and community atmosphere. Home buyers are increasingly attracted to the area, leading to a competitive market with a mix of traditional and new homes available.

With its affordable housing options, Fairmount is becoming popular among first-time home buyers seeking stability and a quiet, rural lifestyle. The ongoing development in the surrounding regions is further prompting interest in this area, making it a great time to buy property.

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 $141,620.00. 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 $177,639.00, with the most expensive house in Fairmount, IL, topping out at $2,079,264.00 and the cheapest home in Fairmount, IL, clocking in at $10,636.00. 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 Condos

Market Trend for Fairmount, IL

Total Listings Available: 1

Market Values:

Home Prices from $10,636 to $2,079,264

Average Sales Price: $177,639

Rental Values:

Rental from $670 to $2,060

Average Rent Value: $1,081 / month

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