How much do homes in Fayette County, IL cost?

Median List Price

$111,250

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$8,250(+8.0%)

Key Takeaway

The list price of homes in Fayette County has increased by 8% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $125K$37.5K-70.0%
2 $66K$69.9K+5.9%
3 $110K$120K+9.1%
4 $159K$157.7K-0.8%
5+ $205K$210K+2.4%

Median List Price Compared To Nearby Counties

Bond County
+13.0%
Fayette County
+8.0%
Montgomery County
+4.1%

How many homes are available in Fayette County, IL?

Number of Homes For Sale

Jul 2021Aug 2021%
81810.0%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 220.0%
2 2422-8.3%
3 3233+3.1%
4 1517+13.3%
5+ 87-12.5%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
263 Days151 Days-42.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Fayette County, IL

There are 81 homes are for sale in Fayette County, IL real estate market. In August 2021 median list price was $111,250 and the average listing age was 151 days. From July 2021 through August 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 70%, prices of 2 bedrooms properties increased by 5.9%, 3 bedrooms properties became 9.1% more expensive, prices of 4 bedrooms properties went down by 0.8%, prices of 5 bedrooms properties went up by 2.4%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 8.3%, the quantity of 3 bedrooms homes went up by 3.1%, 4 bedrooms homes became 13.3% more available, 5 bedrooms homes inventory decreased by 12.5%. Over 4 listings were sold over their listed price in August 2021 in Fayette County, IL. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price.

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