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Fairview

Learn about the people, housing, costs and businesses in Fairview, Illinois

Median Home$151,400
Median Rent$806/month
Population428
Leading IndustriesTransportation · Education · Arts, Food & Hospitality4% transportation
Home Value Growth⬆⬆+11.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners97% of occupied units
NotableAffordable Market$151k median home · lower cost than 74% of the country
Fairview
IL

Frequently Asked Questions

What are today's mortgage rates in Fairview?

As of today, the 30-year fixed mortgage rate for Fairview is approximately 7.124% (7.139% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fairview?

The median home value in Fairview is $151k. The median monthly rent is $806. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairview?

Home values in Fairview have increased 11.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fairview?

Based on a typical all-in ownership cost of $820/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairview is $73k/year.

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What industries drive the economy in Fairview?

The largest employment sectors in Fairview are public administration (22%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.