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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 May 2026?
Home values: +2.19% MoM; rent: +0.00% MoM.
How much do homes sell for in Fairmount, IL?
The average home price is currently $183,255.
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 $2,074,739.
What is currently the cheapest priced home in Fairmount, IL?
The cheapest home for sale in Fairmount is priced at $10,613.

Living in Fairmount, IL

Fairmount, IL is a small Vermilion County village with rural character, modest housing costs, and access to Danville and Champaign-Urbana, making it a practical market for investors evaluating affordable small-town Illinois property.

Buyer vs Seller Market in Fairmount, IL

Median home value: $145,168 as of 2026-05-14.

Median rent: $1,030 as of 2026-05-14.

Home values: +2.19% MoM, +23.33% YoY.

Rent: +0.00% MoM, +0.00% YoY.

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 $145,168.00. 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 $183,255.00, with the most expensive house in Fairmount, IL, topping out at $2,074,739.00 and the cheapest home in Fairmount, IL, clocking in at $10,613.00. 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 $10,613 to $2,074,739

Average Sales Price: $183,255

Rental Values:

Rental from $670 to $2,060

Average Rent Value: $1,081 / month

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