Housing in Fairbury, IL is a great investment for potential homebuyers. The median house value in Fairbury is $151,800, which is significantly lower than the US median value of $338,100. Over the past year, there has been an impressive 14.21% appreciation in house values in Fairbury, compared to an 8.27% appreciation rate at the national level. This makes it an attractive option for those looking to purchase a home and benefit from the growth in housing prices.
The median home cost in Fairbury is $151,800. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Fairbury is up 16.3%.
Average Age of Homes
- The median age of Fairbury real estate is 59 years old
The Rental Market in Fairbury
- Renters make up 31.6% of the Fairbury population
- 2.9% of houses and apartments in Fairbury, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.