House Prices

House Prices & Home Values Fairmount, IL 2026


Average Data

average house price$47,000
average size per house1215 ft²
average price per ft²39 $ / ft²

04/17/2026 - The value range (VR) for house prices in Fairmount, IL is $39/ sqft to $39/ sqft. An average home with 1215 sqft costs approximately $47,385 to $47,385. Fairmount, IL includes 1 ZIP codes and it is located in Vermilion county. The lowest prices are found in ZIP 61841, while the highest are in ZIP 61841. The average price per sqare feet is $39. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Fairmount

6184136 $ / ft²




Historical development of home values in Fairmount

Year Estimated value (USD) Change vs. 2025
2010 $21,828 -53.6%
2011 $20,984 -55.4%
2012 $20,927 -55.5%
2013 $21,709 -53.8%
2014 $22,789 -51.5%
2015 $23,958 -49.0%
2016 $25,209 -46.4%
2017 $26,569 -43.5%
2018 $28,038 -40.3%
2019 $29,338 -37.6%
2020 $30,855 -34.4%
2021 $35,094 -25.3%
2022 $40,912 -13.0%
2023 $43,143 -8.2%
2024 $45,639 -2.9%
2025 $47,000 0.0%

Graph: estimated home values in Fairmount over time (USD)



Example: 100% financing house in Fairmount

Loan amount: $47,000

Interest rate: 6.00%

Fixed monthly payment: $281.79

Breakdown in the 1st month:
Interest portion: $235.00  –  Principal portion: $46.79

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $2,804.30 $577.17 $46,422.83
2 $2,768.70 $612.76 $45,810.07
3 $2,730.91 $650.56 $45,159.51
4 $2,690.78 $690.68 $44,468.83
5 $2,648.18 $733.28 $43,735.55
6 $2,602.96 $778.51 $42,957.04
7 $2,554.94 $826.53 $42,130.51
8 $2,503.96 $877.50 $41,253.01
9 $2,449.84 $931.63 $40,321.38
10 $2,392.38 $989.09 $39,332.29
11 $2,331.37 $1,050.09 $38,282.20
12 $2,266.60 $1,114.86 $37,167.34
13 $2,197.84 $1,183.62 $35,983.71
14 $2,124.84 $1,256.63 $34,727.09
15 $2,047.33 $1,334.13 $33,392.96
16 $1,965.05 $1,416.42 $31,976.54
17 $1,877.69 $1,503.78 $30,472.76
18 $1,784.94 $1,596.53 $28,876.23
19 $1,686.46 $1,695.00 $27,181.23
20 $1,581.92 $1,799.54 $25,381.69
21 $1,470.93 $1,910.54 $23,471.15
22 $1,353.09 $2,028.37 $21,442.78
23 $1,227.99 $2,153.48 $19,289.30
24 $1,095.16 $2,286.30 $17,003.00
25 $954.15 $2,427.32 $14,575.68
26 $804.44 $2,577.03 $11,998.65
27 $645.49 $2,735.97 $9,262.68
28 $476.74 $2,904.72 $6,357.96
29 $297.59 $3,083.88 $3,274.08
30 $107.38 $3,274.08 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Fairmount, IL


1500 sqft3900 sqft
Ø selling price$70,786$150,579
Ø fast selling$64,351$135,522
Ø high price sale$77,220$165,637

In 2026, houses in Fairmount, IL will be offered at an average price of $39 per square foot. A 1,500 sqft home priced at $70,786 is 20.70% more expensive per square foot than a 3,900 sqft home priced at $150,579. Home prices in Fairmount, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $104,248. Sellers who can wait longer may achieve a higher price of up to $127,414.

FAQ – Home Values in Fairmount

What is the median home value in Fairmount in 2026?

In 2026, the typical home value in Fairmount is about $47,000 for an average home size of 1215 square feet. This corresponds to an average price of roughly $39 per square foot.

What is the average cost per square foot in Fairmount?

In 2026, homes in Fairmount sell for an average of around $39 per square foot, with a typical range between $39 and $39 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Fairmount is about 1215 square feet, with an estimated 2026 value around $47,000.



Locations close to Fairmount, IL

Farmer City, IL56 $ / ft²
Fisher, IL95 $ / ft²
Fithian, IL118 $ / ft²
Dewey, IL126 $ / ft²
De Land, IL111 $ / ft²
Tilton, IL61 $ / ft²
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