Fairview, IL is a great place to live for those looking for affordable housing. According to the median value of homes in Fairview, IL, it is much lower than the US median value of $338,100. Despite this discrepancy, houses in Fairview have still appreciated in value over the past year by 7.76%, which is slightly lower than the US house appreciation rate of 8.27%. Therefore, Fairview provides an attractive option for property buyers looking for a good deal on a home purchase.
The median home cost in Fairview is $76,500. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Fairview is up 8.9%.
Average Age of Homes
- The median age of Fairview real estate is 75 years old
The Rental Market in Fairview
- Renters make up 11.6% of the Fairview population
- 3.5% of houses and apartments in Fairview, 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.