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Fairmount, IL Home Values and Rents
The typical home value in Fairmount is $160,948. Median rent is $783 a month.
- Typical home value
- $160,948
- Zillow
- Median rent
- $783/mo
- ACS 2020-2024
- Price change, 1 year
- +4.4%
- Sep 2026
- Homeownership
- 79.4%
- IL: 67.1%
Typical home value in Fairmount
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Fairmount |
|---|---|
| Sep 2026 | $160,948 |
| Dec 2025 | $157,527 |
| Dec 2024 | $147,093 |
| Dec 2023 | $141,998 |
| Dec 2022 | $134,139 |
| Dec 2021 | $126,003 |
| Dec 2020 | $117,093 |
| Dec 2019 | $111,644 |
| Dec 2018 | $106,816 |
| Dec 2017 | $102,073 |
| Dec 2016 | $103,162 |
| Dec 2015 | $102,444 |
| Dec 2014 | $99,762 |
| Dec 2013 | $96,399 |
| Dec 2012 | $84,162 |
Over five years, Fairmount prices changed +31.2%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Vermilion County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $743 | +10.6% |
| 1 bedroom | $748 | +0.8% |
| 2 bedrooms | $956 | -1.8% |
| 3 bedrooms | $1,278 | +8.4% |
| 4 bedrooms | $1,337 | +2.4% |
Frequently asked questions
- What is the typical home value in Fairmount, IL?
- The typical home value in Fairmount is $160,948 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
- How much is rent in Fairmount?
- The median rent in Fairmount is $783 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $956.
- Are home prices going up in Fairmount?
- The typical home value in Fairmount changed +4.4% over one year and +31.2% over five years, as of Sep 2026.