Current Price

$175,022

1 Month Forecast

â–² $196,053

1-Year Forecast *

â–² $206,318

5-Year Forecast *

â–² $242,380

"Is it a good time to buy homes in Fairmont?" "Does investing in real estate in Fairmont (Illinois State, Will County) worth it?" According to our live Forecast System, buying a house in Fairmont is a good short-term (1-year) investment*. The Fairmont average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Fairmont" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Fairmont in Illinois State, Will County. If you are looking for homes for sale with good flipping profit, Fairmont can be a profitable property investment option. The median price of an average house in Fairmont was 175,022 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Fairmont" area is 242,380 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.49% meaning that investing 100000 USD today may yield a profit of 38,485 USD by 2031.

Current Median Listing Price: 175,022 USD Median Listing Price Per Square Foot: 97 USD

Fairmont Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Fairmont (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Fairmont Price Target

Fairmont median home price target in 12 months: $206,318* (upside of 17.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $197,391 $196,473 $196,473 $199,162
2024 $166,175 $175,022 $165,112 $175,498
2023 $149,767 $167,658 $149,767 $168,199
2022 $138,878 $147,116 $138,878 $152,865
2021 $133,292 $137,626 $133,292 $139,476
2020 $112,077 $130,320 $112,077 $130,320
2019 $109,005 $111,082 $109,005 $111,871
2018 $119,242 $108,783 $108,783 $119,620
2017 $111,464 $119,636 $111,464 $120,979
2016 $96,667 $110,217 $96,667 $110,217
2015 $85,451 $95,305 $83,926 $95,305
2014 $75,907 $85,167 $75,907 $85,167
2013 $74,188 $75,099 $74,008 $75,504
2012 $81,138 $74,381 $74,381 $81,138

Questions & Answers about the Fairmont Housing Market Forecast

How much does an average home cost in Fairmont today?

The value of an average home (the listing price) in Fairmont is $175,022 USD.

What is the average price per square foot in Fairmont?

According to Walletinvestor the median price per square foot in Fairmont is 97 USD.

Will the median listing price of homes in Fairmont grow / rise / go up?

Yes. The Fairmont home prices may rise from 175,022 USD to 206,318 USD in one year.

Is it profitable to invest in Fairmont homes?

Yes. The long-term profit potential is +17.88% in one year.

Will Fairmont house prices fall / drop?

No. See above.

What is the predicted price of a Fairmont home in 2030?

The predicted home sales price of a Fairmont home in 2030 in Fairmont is 241,316 USD.

What is the predicted price of a Fairmont home in 2035?

The predicted home sales price of a Fairmont home in 2035 in Fairmont is 300,284 USD.

Will real estate prices decrease in Fairmont?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Fairmont is the 17116. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Will, Fairmont decreased, looking at the past 12 months.

According to Walletinvestor's Fairmont real estate market research, home values will increase in the next 12 months.

Median home values decreased by 11.622% to 175,022 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.172% in 2021
  • 17.242% in 2022
  • 18.222% in 2023
  • 18.182% in 2024
  • 19.082% in 2025
  • 17.052% in 2026

Based on our Fairmont real estate market research and report the predicted sales prices will increase by 418.156% in the next 10 years.

Over the last 12 months, the value of homes in Fairmont fluctuated: increasing 2 times and decreasing 2 times.

Fairmont (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Fairmont Housing Market Forecast with Real Estate Prices for 2025
August 2025 196053 182526 209581
September 2025 196617 185803 207431
October 2025 198832 186902 210762
November 2025 201072 183377 218766
December 2025 200721 190485 210958
Fairmont Housing Market Forecast with Real Estate Prices for 2026
January 2026 199049 184916 213181
February 2026 197924 179121 216727
March 2026 198338 179694 216982
April 2026 199929 187733 212124
May 2026 201748 185003 218493
June 2026 204020 183822 224218
July 2026 206318 187956 224681
August 2026 208643 198210 219075
September 2026 210993 196645 225340
October 2026 213369 193953 232786
November 2026 214167 201317 227017
December 2026 212383 193905 230860
Fairmont Housing Market Forecast with Real Estate Prices for 2027
January 2027 210613 194606 226619
February 2027 208857 196117 221598
March 2027 207420 194975 219866
April 2027 209290 195896 222685
May 2027 211648 200007 223288
June 2027 214032 195197 232866
July 2027 216443 195881 237005
August 2027 218533 198210 238857
September 2027 220995 205967 236023
October 2027 223484 204041 242927
November 2027 226002 213120 238884
December 2027 227861 214645 241077
Fairmont Housing Market Forecast with Real Estate Prices for 2028
January 2028 228784 212311 245256
February 2028 229773 213230 246317
March 2028 230833 216753 244914
April 2028 230091 210303 249879
May 2028 228173 214027 242320
June 2028 226714 205630 247799
July 2028 228179 213803 242554
August 2028 230749 217135 244363
September 2028 233348 210713 255983
October 2028 235895 218203 253587
November 2028 237606 222637 252576
December 2028 238497 218940 258054
Fairmont Housing Market Forecast with Real Estate Prices for 2029
January 2029 237957 216065 259849
February 2029 237212 224877 249547
March 2029 237123 214360 259887
April 2029 237849 217632 258066
May 2029 240528 218400 262657
June 2029 241038 221273 260803
July 2029 241316 218391 264240
August 2029 242372 224678 260065
September 2029 242685 227639 257732
October 2029 242119 221781 262456
November 2029 240101 227135 253066
December 2029 239588 222338 256838
Fairmont Housing Market Forecast with Real Estate Prices for 2030
January 2030 240277 223217 257337
February 2030 242984 223059 262908
March 2030 245721 231469 259973
April 2030 245293 225915 264671
May 2030 243248 230356 256141
June 2030 241874 219622 264127
July 2030 242380 227352 257407
August 2030 244324 223068 265580
September 2030 246547 222385 270709
October 2030 249324 231373 267275
November 2030 252133 235240 269025
December 2030 254973 236105 273841
Fairmont Housing Market Forecast with Real Estate Prices for 2031
January 2031 257845 243148 272542
February 2031 260749 238325 283174
March 2031 261724 246806 276643
April 2031 259543 239818 279268
May 2031 257380 238591 276169
June 2031 255235 232519 277951
July 2031 253479 233454 273504
August 2031 255764 239651 271877
September 2031 258645 237436 279854
October 2031 261559 242465 280652
November 2031 264505 239112 289897
December 2031 267060 249701 284419
Fairmont Housing Market Forecast with Real Estate Prices for 2032
January 2032 270068 251703 288433
February 2032 273110 252354 293867
March 2032 276187 250777 301596
April 2032 278459 263979 292939
May 2032 279587 264209 294964
June 2032 280796 258894 302698
July 2032 282091 256421 307761

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.