Home prices
The median home in Fairmount is valued at $72,500. In comparison to other places in this area this is approximately $14,800 (16%) lower.It is about $145,000 (66%) lower compared to the US as a whole, and compared to the city of Champaign is roughly $89,300 (55%) lower.
Rents
The median rent in Fairmount is $588 per month. It is approximately $101 (14%) lower in comparison to nearby areas.In comparison to the rest of the nation it is approximately $474 (44%) lower, and compared to the city of Champaign it is about $364 (38%) lower.
Nearby places
Muncie
Muncie is approximately 4 miles north of Fairmount. Real estate prices there are somewhat less expensive. The value of the median home in Muncie is $55,000, which is $17,500 (31%) lower than Fairmount. Rent there is a little more expensive. In Muncie the median monthly rent is $625, which works out to $37 (5%) higher than Fairmount.
Oakwood
Oakwood is approximately 4 miles northeast of Fairmount. The housing prices there are a bit more expensive. The value of the median home in Oakwood is $90,300, which works out to $17,800 (19%) higher than Fairmount. The rent there is a bit more expensive. Oakwood's median rent is $704 a month, which is $116 (16%) higher than Fairmount.
Fithian
Fithian is roughly 5 miles northwest from Fairmount. Housing prices there are a little more expensive. The median home in Fithian is valued at $88,400, which is $15,900 (17%) higher than Fairmount. Its rents are somewhat more expensive. In Fithian the median rent is $675 per month, which comes out to $87 (12%) higher than Fairmount.
Catlin
Catlin is about 5 miles east from Fairmount. Its real estate prices are a bit more expensive. The median home in Catlin is valued at $99,000, which comes out to $26,500 (26%) higher than Fairmount. Rent there is a little more expensive. In Catlin the median monthly rent is $695, which comes out to $107 (15%) higher than Fairmount.
Homer
Homer is approximately 5 miles west from Fairmount. Its housing prices are a bit more expensive. The median home in Homer is valued at $103,800, which works out to $31,300 (30%) higher than Fairmount. Rent there is a bit more expensive. Homer's median monthly rent is $748, which works out to $160 (21%) higher than Fairmount.
