Housing · Fairbury

Fairbury, IL housing market

The typical Fairbury home is worth about $204,000, up 9.9% in a year, 31% below the Illinois typical home.

Home values, sales, trends and how Fairbury compares with the towns next door — updated as new data is published.

The market right now

Fairbury at a glance

Typical home value
$204K
▲ 9.9% in a year · Zillow
Median sale price
$100K
May 2026 · Redfin
Homes sold
3
in May · 17 for sale

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

FairburyIllinois
$100K$150K$200K$250K$300K 20182020202220242026 Fairbury $204K Illinois $298K
Show as a table
JanuaryFairburyIllinois
2017$110,000$181,000
2018$112,000$190,000
2019$117,000$195,000
2020$127,000$200,000
2021$129,000$215,000
2022$142,000$236,000
2023$155,000$248,000
2024$164,000$263,000
2025$176,000$278,000
2026$197,000$290,000
August 2026$204,000$298,000
New construction

26 new homes permitted in 2025

Builders were permitted 26 new homes in Fairbury in 2025, all in buildings with two or more homes, worth about $4.5 million to build. That's 7 per 1,000 residents, faster than across Illinois (1.6). Over the past 10 years, Fairbury has permitted 81 homes in all.

New homes, 2025
26
▲ 18% vs 2024
2026 so far
20
Jan–Aug · ▲ 82% vs last year
Per 1,000 residents
7
Illinois: 1.6
Single-family
0%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0102030 2000: 8 homes (6 single-family, 2 in buildings with 2+ homes) 2000 2001: 4 homes 2002: 11 homes (8 single-family, 3 in buildings with 2+ homes) 2003: 7 homes 2004: 5 homes 2005: 2 homes 2005 2006: 3 homes 2007: 5 homes 2008: 3 homes 2009: 1 home 2010: 6 homes 2010 2011: 4 homes 2012: 4 homes 2013: 3 homes 2014: 2 homes 2015: 2 homes 2015 2016: 1 home 2017: 22 homes (2 single-family, 20 in buildings with 2+ homes) 2018: 2 homes 2019: 1 home 2020: 1 home 2020 2021: 3 homes 2022: 3 homes 2023: 0 homes 2024: 22 homes 2025: 26 homes (0 single-family, 26 in buildings with 2+ homes) 2025 2026 so far: 20 homes (6 single-family, 14 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents−124
New homes+47

Between the 2010 and 2020 censuses, Fairbury's population fell by 124 even though 47 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)20614$5 million
202526026$4.5 million
202422220$9.4 million
2023000—
2022330$905,000
2021330$905,000
2020110$245,000
2019110$226,000
2018220$535,000
201722220$5.8 million
2016110$60,000
2015220$386,000
2014220$425,000
2013330$600,000
2012440$847,000
2011440$920,000
2010660$1.4 million
2009110$210,000
2008330$409,000
2007550$723,000
2006330$453,000
2005220$276,000
2004550$848,000
2003770$809,000
20021183$1.4 million
2001440$588,000
2000862$738,000

How Fairbury ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

2.9 years of income

The typical Fairbury home costs about 2.9 years of the town's median household income, less than across Illinois (3.6 years).

How Fairbury ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
68.2%
Illinois: 67.1%
Median tax bill
$3,253
Illinois: $5,298
Median rent
$776
Illinois: $1,274
Typical home built
1965
Illinois: 1971

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $980

HUD's Fair Market Rent for a two-bedroom in Fairbury is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Fairbury pay a median of $776, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.

1 bedroom
$760
a month, with utilities
2 bedrooms
$980
a month, with utilities
3 bedrooms
$1,290
a month, with utilities
Share of income
17%
2 bedrooms ÷ median income

Studio $700 · 4 bedrooms $1,290

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61739; Bloomington, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Fairbury

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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