Market Overview
Home Prices in Fairview Heights, IL
The median home value in Fairview Heights, IL is $199,317 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairview Heights are priced51% below average. Fairview Heights is part of the St. Louis, MO-IL metro area.
Over the past five years, Fairview Heights home values have risen by approximately20.7%, reflecting strong long-term appreciation in this market.
Price History
Fairview Heights Home Price Trend
City Comparison
Fairview Heights vs. National Median
At $199,317, homes in Fairview Heights cost 51% below the national median of $410,000. This makes Fairview Heights a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairview Heights?
20% Down Payment
$39,863
on $199,317
Monthly P&I
$1,040/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,321/mo
incl. taxes & insurance
Income Needed
$52,840
gross annual (30% rule)
10% Down Option
$19,932
+ PMI applies
Loan Amount (20% dn)
$159,454
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fairview Heights, IL?
The median home value in Fairview Heights is $199,317 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Fairview Heights?
Over the past year, home values in Fairview Heights have increased by 0.9%. Over five years, prices have risen approximately 20.7%.
How much do I need to earn to buy a home in Fairview Heights?
To comfortably afford the median home price of $199,317 with a 20% down payment ($39,863) at today's rates (6.8%), you'd need a gross annual income of approximately $52,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairview Heights compare to the national average home price?
The national median home value is approximately $410,000. At $199,317, homes in Fairview Heights are 51% below the national average.
What metro area is Fairview Heights part of?
Fairview Heights is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.