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Featured local agent — Fairview, IL
Sarah Mitchell
Compass Real Estate · Fairview, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairview, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$57,500median sale price
How is the Fairview, IL housing market right now?
The median home sale price in Fairview, IL is $57,500. Homes sell in an average of 97 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of February 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairview a buyer's or seller's market?
Fairview, IL is currently a buyer's market and homes selling in about 97 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
97
Average pace
Active listings
—
Sale-to-list
88.6%
Below asking
What does the Fairview housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $57,500 |
| Average days on market | 97 days |
| Sale-to-list price ratio | 88.6% |
| Median price per sq ft | $68/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Fairview by property type?
How the Fairview, 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 | $57,500 | $68/sq ft | 1 | 97 days |
| Townhouse | $54,000 | $48/sq ft | 1 | 139 days |
Source: Redfin · Updated monthly
The Fairview housing market is currently classified as a buyer's market with a median sale price of $57,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 97 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Fairview
Explore homes currently listed for sale in Fairview, Illinois across major real estate platforms.
Who lives in Fairview?
Population
357
Median income
$65,250/yr
Median age
49.4 years
Owner-occupied
90.2%
College grads
19.6%
Avg commute
23.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Fairview?
Fairview is a community of approximately 0K residents with a median age of 49.4 years.The median household income is $65,250, which represents a working-class community with solid middle-income opportunities. 19.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairview offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Fairview, IL?
Want a head-to-head view? Compare Fairview side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairview?
The median home sale price in Fairview is $57,500, down 0.0% from last year.
How long do homes stay on market in Fairview?
Homes typically spend 97 days on market before going under contract.
What is the median income in Fairview?
The median household income is $65,250 per year.
How much does a single-family home cost in Fairview?
The median single-family home price in Fairview, IL is $57,500 (about $68 per square foot).
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