Fairmont, IL

Balanced market-9.5% YoY

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

Price drops:100.0%of listings
Sale-to-list:88.3%

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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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