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Home values, rents and more in Fairmont, IL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$194,000
Metro: $356,000 · U.S.: $366,000
Home values, past year
−0.9%
Metro: +5.0% · U.S.: +1.2%
Population
2,617
ACS 2020–24
Median household income
$70,795
Metro: $90,887 · U.S.: $80,734
ZIP codes around Fairmont, IL, shaded by typical home valueFairmont60432
  • Under $250k
  • $250k–$280k
  • $280k–$320k
  • $320k+
  • No data
ZIP codes around Fairmont, IL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Fairmont is outlined.

How Fairmont compares

The typical home in Fairmont, IL is worth about $194,000, according to the Zillow Home Value Index for September 2026. Home values in Fairmont are 45% below the typical value in the Chicago metro area ($356,000) and 47% below the U.S. typical value ($366,000).

Over the past year, home values in Fairmont fell 0.9%, compared with +5.0% in the Chicago metro area and +1.2% nationally.

The median household income is $70,795, against $90,887 in the Chicago metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,617 people live in Fairmont (American Community Survey 2020–24).

Fairmont has the 30th-lowest typical home value of the 326 cities in the Chicago metro area and the 489th-highest of 1,005 in Illinois with Zillow figures.

Part of: Will County, IL · Chicago metro area · Illinois

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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