House Prices

House Prices & Home Values Fairfield, IL 2026


Average Data

average house price$89,000
average size per house1317 ft²
average price per ft²68 $ / ft²

04/18/2026 - The value range (VR) for house prices in Fairfield, IL is $66/ sqft to $66/ sqft. An average home with 1317 sqft costs approximately $86,922 to $86,922. Fairfield, IL includes 1 ZIP codes and it is located in Wayne county. The lowest prices are found in ZIP 62837, while the highest are in ZIP 62837. The average price per sqare feet is $68. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Fairfield

6283769 $ / ft²




Historical development of home values in Fairfield

Year Estimated value (USD) Change vs. 2025
2010 $41,333 -53.6%
2011 $39,735 -55.4%
2012 $39,628 -55.5%
2013 $41,109 -53.8%
2014 $43,153 -51.5%
2015 $45,368 -49.0%
2016 $47,736 -46.4%
2017 $50,312 -43.5%
2018 $53,094 -40.3%
2019 $55,555 -37.6%
2020 $58,427 -34.4%
2021 $66,455 -25.3%
2022 $77,471 -13.0%
2023 $81,697 -8.2%
2024 $86,424 -2.9%
2025 $89,000 0.0%

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



Example: 100% financing house in Fairfield

Loan amount: $89,000

Interest rate: 6.00%

Fixed monthly payment: $533.60

Breakdown in the 1st month:
Interest portion: $445.00  –  Principal portion: $88.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,310.27 $1,092.93 $87,907.07
2 $5,242.86 $1,160.34 $86,746.73
3 $5,171.29 $1,231.91 $85,514.82
4 $5,095.31 $1,307.89 $84,206.93
5 $5,014.64 $1,388.56 $82,818.38
6 $4,929.00 $1,474.20 $81,344.18
7 $4,838.07 $1,565.12 $79,779.05
8 $4,741.54 $1,661.66 $78,117.40
9 $4,639.05 $1,764.15 $76,353.25
10 $4,530.25 $1,872.95 $74,480.30
11 $4,414.73 $1,988.47 $72,491.82
12 $4,292.08 $2,111.12 $70,380.70
13 $4,161.87 $2,241.33 $68,139.37
14 $4,023.63 $2,379.57 $65,759.81
15 $3,876.86 $2,526.33 $63,233.47
16 $3,721.05 $2,682.15 $60,551.32
17 $3,555.62 $2,847.58 $57,703.74
18 $3,379.98 $3,023.22 $54,680.52
19 $3,193.52 $3,209.68 $51,470.84
20 $2,995.55 $3,407.65 $48,063.19
21 $2,785.38 $3,617.82 $44,445.37
22 $2,562.24 $3,840.96 $40,604.41
23 $2,325.33 $4,077.86 $36,526.54
24 $2,073.82 $4,329.38 $32,197.16
25 $1,806.79 $4,596.41 $27,600.76
26 $1,523.30 $4,879.90 $22,720.86
27 $1,222.32 $5,180.88 $17,539.97
28 $902.77 $5,500.43 $12,039.54
29 $563.52 $5,839.68 $6,199.86
30 $203.34 $6,199.86 $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 Fairfield, IL


1500 sqft3900 sqft
Ø selling price$123,421$262,548
Ø fast selling$112,201$236,294
Ø high price sale$134,640$288,803

In 2026, houses in Fairfield, IL will be offered at an average price of $68 per square foot. A 1,500 sqft home priced at $123,421 is 23.78% more expensive per square foot than a 3,900 sqft home priced at $262,548. Home prices in Fairfield, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $181,765. Sellers who can wait longer may achieve a higher price of up to $222,157.


Discover Fairfield, IL

Fairfield, IL is a welcoming small city in Wayne County known for friendly neighborhoods, local flavor, and easy access to Southern Illinois attractions.

Location & Access

Located along U.S. Route 45 with quick connections to I-64, Fairfield offers convenient travel to Evansville, St. Louis, and the Shawnee National Forest.
Its central position in Southern Illinois makes it a smart base for regional business and outdoor exploration.

Community & Economy

The community supports a diverse mix of small businesses, agriculture, and light industry that fuel steady local employment.
A revitalizing downtown features shops, diners, and services that highlight Fairfield's hospitality and hometown feel.

Attractions & Outdoors

Popular things to do include visiting area parks and lakes, hunting and fishing spots, and seasonal festivals that celebrate local heritage.
History buffs enjoy the nearby museums and historic sites that tell the story of Wayne County?s pioneers and prairie culture.

Education & Services

Families appreciate strong schools, quality healthcare, and recreational programs that make everyday life convenient.

Housing & Quality of Life

Real estate in Fairfield, IL ranges from affordable starter homes to spacious properties, with a cost of living that stretches your budget.

Events & Plan a Visit

Plan your trip to Fairfield, IL to experience friendly events, authentic Midwestern cuisine, and a community that welcomes visitors and new residents alike.



FAQ – Home Values in Fairfield

What is the median home value in Fairfield in 2026?

In 2026, the typical home value in Fairfield is about $89,000 for an average home size of 1317 square feet. This corresponds to an average price of roughly $68 per square foot.

What is the average cost per square foot in Fairfield?

In 2026, homes in Fairfield sell for an average of around $68 per square foot, with a typical range between $66 and $66 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 Fairfield is about 1317 square feet, with an estimated 2026 value around $89,000.



Locations close to Fairfield, IL

Farina, IL59 $ / ft²
Flora, IL55 $ / ft²
Freeman Spur, IL123 $ / ft²
Ewing, IL62 $ / ft²
Enfield, IL45 $ / ft²
Ellery, IL72 $ / ft²
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