Is Fairmount, IL 61841 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Fairmount is a seller’s market. With about 2.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.1Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list95.4%Sold price ÷ list price

Median days on market19Listing to accepted offer

Median price per sq ft$158▲ +46.0% vs. last year

Run the numbers for 61841

Prefilled for 61841Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61841Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Allerton 61810Buyer’s market $81 /sq ft Alvin 61811Seller’s market $176 /sq ft Armstrong 61812 — /sq ft Bismarck 61814Balanced $129 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology