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FAIRMOUNT, IL 61841

Real Estate Market Report  ·  Vermilion County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 75% vs 4 last year
Pending
1
100% pending ratio
Median Price
$83,450
⇩ 59.3% vs $204,925 last year
Average Price
$83,450
⇩ 59.3% vs $204,925 last year
Days on Market
132
⇧ 123.7% vs 59 days last year

Market Context

Population: 1,057  ·  Density: 7.1/mi²  ·  Median household income: $69,688

Typical home value: $127,714  ·  Homeownership: 88.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FAIRMOUNT, IL real estate market (61841) currently shows 1 active listings, with 1 pending sales. Homes are averaging 132 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 132 days on market compared to 59 days last year.

The median listing price has fallen 59.3% year-over-year, from $204,925 to $83,450.

Whether you are buying or selling in FAIRMOUNT, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 4 last year
  • Days on market: 132 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $83,450 (-59.3% YoY)
  • Average: $83,450 (-59.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.7 miles — 112 listings ($28,755,230 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61841Fairmount, IL 618410.0 mi1$83,450$83,450$83,450
61849Homer, IL 618497.4 mi4$945,000$236,250$236,250
61850Indianola, IL 618508.0 mi1$39,900$39,900$39,900
61876Sidell, IL 618768.5 mi1$154,900$154,900$154,900
61883Westville, IL 618839.8 mi2$229,900$114,950$114,950
61859Ogden, IL 6185911.2 mi3$988,500$329,500$329,500
61816Broadlands, IL 6181611.9 mi1$38,500$38,500$38,500
61834Danville, IL 6183413.6 mi6$1,121,100$176,750$186,850
61873Saint Joseph, IL 6187313.7 mi14$3,362,996$240,000$240,214
61870Ridge Farm, IL 6187014.0 mi2$226,666$120,000$113,333
61864Philo, IL 6186417.3 mi5$1,776,085$274,900$355,217
61802Urbana, IL 6180218.3 mi65$18,077,930$240,900$278,122
61924Chrisman, IL 6192418.7 mi7$1,710,303$139,500$244,329

Frequently Asked Questions

How many homes are for sale in FAIRMOUNT, IL 61841?

As of January 2026, there are 1 active listings in FAIRMOUNT, IL (zip code 61841), compared to 4 the prior year.

What is the median home price in FAIRMOUNT, IL 61841?

The median listing price in FAIRMOUNT, IL 61841 is $83,450 as of January 2026, a 59.3% decrease from $204,925 the prior year.

How long do homes stay on the market in FAIRMOUNT, IL?

Homes in FAIRMOUNT, IL 61841 spend an average of 132 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in FAIRMOUNT, IL 61841?

Based on current inventory and days-on-market data as of January 2026, FAIRMOUNT, IL 61841 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 132 days on market compared to 59 days last year.

How much can I save on real estate commission in FAIRMOUNT, IL?

With SELL123.com's maximum 3% commission, sellers in FAIRMOUNT, IL 61841 save an estimated $1,669 compared to a typical 5% commission on the median listing price of $83,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.