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Fairbury, IL Downtown6Photo: IvoShandor · CC BY-SA 3.0
Housing in Fairbury

36 homes sold in Fairbury in the last year, at a typical $192K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fairbury homes are listed.

Homes sold
36
June 2025 to May 2026
Typical sale price
$192K
median, weighted by sales
Price per square foot
$105
Illinois $193
Paid vs. asking
99.7%
28% sold over asking
For sale now
17
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Fairbury’s sales, at a typical $192K

36 homes sold in the year to May 2026.

Houses$192K

typical sale · 36 sold in 12 months

Per square foot
$105IL $180
Days to sell
75
Sold over asking
28%
Listings with a price cut
31%
14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

36 sales in the last year, against 58 in 2021 and a low of 32 in 2017. The typical sale went from $85K in 2016 to $192K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 34 sold, typical $100K’122013: 33 sold, typical $84K2014: 38 sold, typical $94K’142015: 47 sold, typical $82K2016: 45 sold, typical $85K’162017: 32 sold, typical $104K2018: 41 sold, typical $96K’182019: 38 sold, typical $98K2020: 48 sold, typical $113K’202021: 58 sold, typical $113K2022: 45 sold, typical $144K’222023: 32 sold, typical $148K2024: 48 sold, typical $139K’242025: 36 sold, typical $174KLast 12 months: 36 sold, typical $192KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Fairbury

Houseat $105 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Fairbury homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Fairbury are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Fairbury’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 36 sales.

If you’re buying in Fairbury

  • Shop in November. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (3% over asking).
  • You can negotiate. 23% of listings have cut their price, against 18% before the pandemic.
  • Bid near asking. Buyers paid 99.7% of the list price on average; 28% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 5 a month), but April is the most competitive: 19% of April sales close over asking. November offers nearly as much choice with fewer homes bid up (3%). November has the least competition (3%).

New listings a monthShare sold over asking
02.557.5107%13%20%Sweet spotJan: 3 new listings a month, 8% sold over asking, 246 days to sellJFeb: 2 new listings a month, 4% sold over asking, 208 days to sellFMar: 4 new listings a month, 11% sold over asking, 150 days to sellMApr: 5 new listings a month, 19% sold over asking, 166 days to sellAMay: 5 new listings a month, 16% sold over asking, 304 days to sellMJun: 4 new listings a month, 17% sold over asking, 227 days to sellJJul: 5 new listings a month, 7% sold over asking, 124 days to sellJAug: 4 new listings a month, 12% sold over asking, 87 days to sellASep: 4 new listings a month, 12% sold over asking, 118 days to sellSOct: 4 new listings a month, 13% sold over asking, 168 days to sellONov: 4 new listings a month, 3% sold over asking, 146 days to sellNDec: 2 new listings a month, 11% sold over asking, 141 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Fairbury now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price28%5%22%37%
Gone within two weeksShare of homes under contract within 14 days47%5%31%46%
Listings with a price cutShare of homes for sale that cut their price23%18%32%19%
Price paid vs. askingAverage sale price ÷ list price99.7%91.2%95.9%99.2%
Days to sellMedian days from listing to contract7530811449
Supply

8 homes for sale on a typical day

That’s 65% fewer than in 2017–19 and well under 2012’s 33.

2012: 33 for sale’122013: 31 for sale2014: 29 for sale2015: 30 for sale’152016: 25 for sale2017: 22 for sale2018: 21 for sale’182019: 24 for sale2020: 22 for sale2021: 9 for sale’212022: 9 for sale2023: 7 for sale2024: 10 for sale’242025: 7 for saleLast 12 months: 8 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 18% in 2017–19 and 19% across Illinois. More sellers are pricing high and coming down.

2015: 3%’152019: 18%2020: 20%2021: 32%’212022: 16%2023: 24%2024: 29%’242025: 31%Last 12 months: 23%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Fairbury home costs about $1,323 a month

Mortgage
Property tax
Insurance
Rent

Price: Fairbury’s typical sale, last 12 months. Property tax at Fairbury’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fairbury is affordable on local pay is on Cost of living.

Before you buy in Fairbury

Six things worth knowing

5

New listings in May

The month with the most choice. February has the fewest, about 2.

Best time to buy
2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $192K home, about $3,840 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Fairbury, from test results, graduation and how much students grow.

Schools in Fairbury
15 min

Typical commute

The average one-way trip to work for people who live in Fairbury.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Chenoa and Pontiac sell for less a square foot

The busier markets within 25 miles of Fairbury, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Pontiac124$142K$10119%59
Dwight52$172K$11733%55
Fairbury36$192K$10528%75
Chenoa28$137K$10121%53
Lexington27$225K$12533%47

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Fairbury, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fairbury. People who follow the town see it, and so do people comparing Fairbury with their own town. No commission, no listing fee.

Questions about buying a home in Fairbury

What do homes sell for in Fairbury, IL?

36 homes sold in the year to May 2026 at a typical $192K, $105 a square foot.

Is Fairbury a buyer’s or seller’s market?

A balanced market: 17 homes were for sale in May 2026 and 3 sold, about 5.7 months of supply. Buyers paid 99.7% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Fairbury?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Fairbury?

About 2% of a home’s value a year. On a $192K home that’s near $3,840.

Where can I see homes for sale in Fairbury?

Zillow, Redfin, Realtor.com and Homes.com all carry Fairbury’s MLS listings; the search links above open each one filtered to Fairbury.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).