Fairmont, IL housing market
The typical Fairmont home is worth about $198,000, down 2.1% in a year, 33% below the Illinois typical home.
Home values, sales, trends and how Fairmont compares with the towns next door — updated as new data is published.
Fairmont at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Fairmont | Illinois |
|---|---|---|
| 2017 | $131,000 | $181,000 |
| 2018 | $140,000 | $190,000 |
| 2019 | $128,000 | $195,000 |
| 2020 | $132,000 | $200,000 |
| 2021 | $157,000 | $215,000 |
| 2022 | $163,000 | $236,000 |
| 2023 | $176,000 | $248,000 |
| 2024 | $195,000 | $263,000 |
| 2025 | $206,000 | $278,000 |
| 2026 | $200,000 | $290,000 |
| August 2026 | $198,000 | $298,000 |
Fairmont and its neighbors
2.8 years of income
The typical Fairmont home costs about 2.8 years of the town's median household income, less than across Illinois (3.6 years).
How Fairmont ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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. Listings link to their publishers.