Housing in Fairmont, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$202,500
Median List Price
N/A
Price Per Sq Ft
$121
Days on Market
57
Active Inventory
1
Months of Supply
0.5
Seller's market
Zillow Home Value
$183,086
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
88.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$121
Fairmont vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Fairmont is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$147,400
Median Rent
$1,372
Total Housing Units
969
Vacancy Rate
16.8%
Owner Occupied
63.0%
Renter Occupied
37.0%
Median Property Tax
$2,932
per year
Monthly Cost (w/ Mortgage)
$887
Housing Types
The current median sale price in Fairmont, IL is $202,500 according to Redfin data. Homes spend a median of 57 days on the market. 0.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $121. The median rent is $1,372 per month (Census ACS). About 63.0% of housing units are owner-occupied. The median year homes were built is 1958. There are 969 total housing units.