The story of this market
The typical home in Fayette County, Illinois sells for about $142,667, or $175 per square foot.
Prices are up +4.9% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. Over the long run, values in this county have grown 59% since 2000. HUD's fair market rent for a two-bedroom is $930 a month.
HUD sets the fair market rent for a 2-bedroom at $930 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+7.8%). Worst: 2010 (-5.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,213
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 3 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
72
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $15,131,972.
Mortgage activity
Home lending in this county
79.2%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 505 | 283 | 80.3% | 12.5% | $125,000 |
| 2019 | 516▲ | 285▲ | 79.2% | 3.7% | $175,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Fayette County, Illinois
The Fayette County housing market is currently characterized as a buyer's market with high inventory levels relative to sales volume. Median prices have seen moderate year-over-year growth, though recent periods show a cooling trend in transaction velocity and pricing. Buyers currently hold more negotiating power as homes remain on the market for extended periods.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 6 cities · 8 ZIP reports
Median prices moved sideways 0.0% year over year.
Homes spend a median of 226 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0.02% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 15.5% — a stable, low-distress profile.
Deterministic aggregate of 2 researched ZIP reports of 8 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Nov 8
researched Sep 24
researched Nov 8
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Nov 8
| 62080 | Ramsey | $114,500 | $55 | — | 149 | 98% | 20% | 0.2 | 5 | $800 | researched Nov 8 |
| 62262 | Mulberry Grove | $145,000 | $98 | +2.1% | 62 | 96.5% | 12% | 4.5 | 18 | $1,067 | researched Sep 24 |
| 62418 | Brownstown | $160,000 | $70 | — | 112 | 98.6% | — | 0.5 | 2 | — | researched Nov 8 |
| 62428 | Greenup | $185,000 | $118 | — | 61 | — | — | — | — | $706 | researched Sep 24 |
| 62447 | Neoga | $185,000 | $112 | +2.4% | 68 | 97.5% | 12% | 4.2 | 14 | $941 | researched Sep 24 |
| 62458 | Saint Elmo | $135,000 | $85 | +3.8% | 92 | 96.5% | 12% | 7 | 14 | $749 | researched Sep 24 |
| 62471 | Vandalia | $99,000 | $107 | — | 226 | — | — | — | 38 | $811 | researched Sep 24 |
| 62838 | Farina | $197,250 | $116 | — | 117 | 100% | — | 6 | 5 | $793 | researched Nov 8 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county economy is largely driven by agriculture and local services, with Vandalia serving as the primary administrative and commercial hub.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
The economy is anchored by agriculture, manufacturing, and public sector employment centered in the county seat of Vandalia.
The county is served by major corridors including Interstate 70 and U.S. Route 51, facilitating regional transit.
The Fayette County Supervisor of Assessments oversees the valuation of property for tax purposes, ensuring assessments align with state-mandated equalization factors.
The county is served by various local school districts, fire protection districts, and library districts that levy property taxes.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The former capitol building of Illinois, offering historical tours and insight into the state's early political history.
Provides opportunities for fishing, boating, camping, and hiking in a natural setting.
Data retrieved from Census Reporter and US Census Bureau profiles.
Sellers must provide a written disclosure report to prospective buyers detailing material defects in the property as defined by 765 ILCS 77/35.
765 ILCS 77/1 et seq.
Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts. Exemptions, such as the homestead exemption, reduce the EAV before the tax rate is applied.
35 ILCS 200/9-145
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.