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Featured local agent — Fairbury, IL
Sarah Mitchell
Compass Real Estate · Fairbury, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairbury, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$100,000median sale price
How is the Fairbury, IL housing market right now?
The median home sale price in Fairbury, IL is $100,000, down 29.6% year-over-year. Homes sell in an average of 69 days with 17 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairbury a buyer's or seller's market?
Fairbury, IL is currently a balanced market, based on 5.7 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
69
Average pace
Active listings
17
5.7 months supply
Sale-to-list
122.4%
Above asking
What does the Fairbury housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $100,000 |
| Median list price | $379,500 |
| Year-over-year price change | -29.6% |
| Average days on market | 69 days |
| Active inventory | 17 listings |
| Months of supply | 5.7 months |
| Sale-to-list price ratio | 122.4% |
| Median price per sq ft | $67/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 17 |
| Listings with a price cut | 11.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Fairbury by property type?
How the Fairbury, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $100,000 | $67/sq ft | 3 | 69 days |
| Condo / Co-op | $140,000 | $118/sq ft | 1 | 10 days |
Source: Redfin · Updated monthly
The Fairbury housing market is currently classified as a balanced market with a median sale price of $100,000. Prices have fallen 29.6% compared to last year, with homes spending an average of 69 days on market, indicating 5.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Fairbury
There are currently 17 homes listed for sale in Fairbury, Illinois. The median listing price is $380K.
Active listings
17
Homes on market
Median list price
$380K
Avg. days on market
69
Days until sale
New this week
17
Newly listed
Who lives in Fairbury?
Population
3,683
Median income
$65,215/yr
Median age
39.5 years
Owner-occupied
67.4%
College grads
21.2%
Avg commute
15.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairbury?
Zillow home value
$193,443
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Fairbury?
Fairbury is a community of approximately 4K residents with a median age of 39.5 years.The median household income is $65,215, which represents a working-class community with solid middle-income opportunities. 21.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 15.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairbury offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fairbury?
2 schools tracked · 886 students
The largest public schools serving Fairbury, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Prairie Central High School
Grades 9-12 · 518 students
Prairie Central Elem School
Grades 2-4 · 368 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fairbury, IL?
Want a head-to-head view? Compare Fairbury side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairbury?
The median home sale price in Fairbury is $100,000, down 29.6% from last year.
How long do homes stay on market in Fairbury?
Homes typically spend 69 days on market before going under contract.
What is the median income in Fairbury?
The median household income is $65,215 per year.
Is Fairbury a buyer's or seller's market?
With 5.7 months of supply, Fairbury is currently a balanced market.
What is the Zillow home value estimate for Fairbury?
The Zillow Home Value Index (ZHVI) for Fairbury is $193,443, representing the typical home value in the area.
What is the median condo price in Fairbury?
The median condo/co-op sale price in Fairbury, IL is $140,000, compared to $100,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fairbury?
The median single-family home price in Fairbury, IL is $100,000 (about $67 per square foot).
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