Fairmont City, IL Real Estate

According to census data in the year 2000 there were 939 housing units in Fairmont City. This represents a 0.8% decline from 947 in 1990.

Of those housing units, 939 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fairmont City is about 72.9%. Fairmont City's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Fairmont City were built after 1959.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom22.90%
Two Bedrooms41.10%
Three Bedrooms32.80%
Four Bedrooms2.90%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1956
Median Value of occupied units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1966
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan5.50%
Simple Mortgage33.50%
Debt Free55.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%