Fairbury, Illinois, is a charming small town in Livingston County, located about 90 miles southwest of Chicago. With a population of around 3,600, it embodies classic Midwestern hospitality and a tight-knit community spirit. Founded in 1857, Fairbury boasts a rich history reflected in its historic downtown, featuring unique shops, local eateries, and the beautifully restored Dominy Memorial Library. The town is known for its vibrant community events, like the annual Fairbury Fair, and its proximity to scenic outdoor spots along the Vermilion River. Fairbury’s blend of historical charm, agricultural roots, and friendly atmosphere makes it a quintessential slice of rural Illinois life.
Fairbury currently has 6 single family homes for sale with an average list price of $197,450. The average annual property tax for Fairbury is $3,046.19.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Fairbury, i.e. what's hot and what's not.
See What's Hot & What's Not in FairburyFairbury home sales for the month of July decreased in volume by 75% when compared to last year, while the median sale price decreased by 60.3% from $171,250 to $68,000. House sales decreased by 75%, while the median sale price decreased by 60.3% from $171,250 to $68,000.
61
|
41
|
27
|
39
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$122,500
|
$145,000
|
$150,000
|
$149,900
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |