Fairmont, IL Real Estate
According to census data in the year 2000 there were 891 housing units in Fairmont.
This represents a 6.9% decline from 957 in 1990.
Of those housing units, 867 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Fairmont is about 75.7%.
Fairmont's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 3.02 people.
The majority of houses, apartments or condos in Fairmont were built after 1955.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||3.16|
|Median year structure was built||1953|
|Median Value of occupied units||$82,200|
|Median Price asked for vacant units||$112,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1960|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.4%|