Fairmont, IL
Housing market overview · Updated weekly
$202,500median sale price
Homes sold
2
Last 12 weeks
Days on market
57
Average pace
Active listings
1
0.5 months supply
Sale-to-list
88.3%
Below asking
The Fairmont housing market is currently classified as a balanced market with a median sale price of $202,500. Prices have fallen 9.5% compared to last year, with homes spending an average of 57 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Fairmont
There are currently 1 homes listed for sale in Fairmont, Illinois.
Active listings
1
Homes on market
Avg. days on market
57
Days until sale
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Frequently asked questions
What is the average home price in Fairmont?
The median home sale price in Fairmont is $202,500, down 9.5% from last year.
How long do homes stay on market in Fairmont?
Homes typically spend 57 days on market before going under contract.
Is Fairmont a buyer's or seller's market?
With 0.5 months of supply, Fairmont is currently a balanced market.
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