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Fairlawn Homes for Sale

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  • 0 Valley View Place, Decatur, IL 62522
    0 Valley View Place, Decatur, IL 62522
    0 Valley View Place, Decatur, IL 62522
    /7

    $9,000

    • Land
    • 0.33 Acre
    • $27,273 per Acre

    0 Valley View Place, Decatur, IL 62522

    Build your dream home on this fantastic .33-acre lot tucked away on Decatur's desirable west end. Located in a quiet cul-de-sac, this property offers a peaceful setting with the privacy of backing up to a large wooded parcel. The lot’s natural slope provides an ideal layout for a walk-out basement. With a great location, beautiful surroundings, and endless possibilities, this is the perfect spot

    Tony Piraino Brinkoetter REALTORS®

    0 Valley View Place, Decatur, IL 62522
  • 1010 N Summit Ave, Decatur, IL 62522
    1010 N Summit Ave, Decatur, IL 62522
    1010 N Summit Ave, Decatur, IL 62522
    /21

    $31,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    1010 N Summit Ave, Decatur, IL 62522

    This 2 bed, 1 bath bungalow in Decatur is ready for its next owner. Enjoy a cup of coffee on the cute front porch. You'll also appreciate the open floorplan living room which flows into the dining space. The full basement offers extra storage, too. This property is being sold AS-IS. Seller will not complete any repairs, either lender or buyer requested. All listing information is taken from

    Laura Davis The Real Estate Shoppe

    1010 N Summit Ave, Decatur, IL 62522
Illinois Macon County Decatur Fairlawn

Real Estate & Homes for Sale in Fairlawn, Decatur

Why Live in Fairlawn
Fairlawn, located in Decatur's West End, offers a blend of urban proximity and residential tranquility. Positioned within 2 miles of the central business district, it provides convenient access to city amenities while maintaining a degree of separation from the hustle and bustle. The neighborhood is adjacent to a major university and a popular city park, enhancing its appeal. Fairview Park, a significant feature of the area, boasts a variety of recreational options including tennis courts, a bike trail, and a dog park. The park is undergoing renovations to include an ADA-accessible playground, expected to be completed by late August 2024. Fairlawn's housing options range from affordable bungalows and ranch-style homes to split-level properties on hilly streets, with prices varying accordingly. The neighborhood is car-dependent, though public transportation is available along East Route 48 and West Grand Avenue. Highway 36, forming the southern boundary, facilitates quick commutes. Dining options include First Wok and Las Margaritas, with Cajun Crab & Sharks Fish & Chicken standing out for its seafood boils and desserts. Fairlawn Shopping Center offers everyday conveniences with stores like Dollar General and Citi Trends. The nearby Millikin University provides additional educational opportunities.
Learn more about living in Fairlawn

Frequently Asked Questions

Is Fairlawn a good place to live?
Fairlawn is a good place to live. Fairlawn is considered car-dependent and bikeable. Fairlawn is a suburban neighborhood. It has a median age of 42. The average household income is $64,668 which is below the national average. College graduates make up 23.3% of residents. A majority of residents in Fairlawn are home owners, with 25.3% of residents renting and 74.7% of residents owning their home. A local real estate agent serving Fairlawn can help you decide if this neighborhood is the right one for you. Learn more on our Fairlawn neighborhood guide.
How much do you need to make to afford a house in Fairlawn?
The median home price in Fairlawn is $361,990. If you put a 20% down payment of $72,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,870 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $80K a year to afford the median home price in Fairlawn. The average household income in Fairlawn is $65K.
What are the best public schools in Fairlawn?
The best public schools that serve Fairlawn are:
What are the best private schools in Fairlawn?
The best private schools that serve Fairlawn are:
What are the most popular zip codes in Fairlawn, Decatur, IL?
The most popular zip codes in Fairlawn, Decatur, IL include 62522, 62526, 62521, 62535 and 62544.
What are the most popular neighborhoods near Fairlawn, Decatur, IL?
The most popular neighborhoods near Fairlawn, Decatur, IL are Ravina Park, Garfield Park, West End, Home Park and Neighborhood Empowerment.
Are home prices dropping in Fairlawn?
Yes, home prices in Fairlawn are down 13% in the last 12 months.

Home Trends in Fairlawn, IL

On average, homes in Fairlawn, Decatur sell after 99 days on the market compared to the national average of 70 days. The median sale price for homes in Fairlawn, Decatur over the last 12 months is $342,995, down 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$342,995
Median Single Family Sale Price
$342,995
Median Townhouse Sale Price
$175,000
Median 2 Bedroom Sale Price
$40,000
Average Price Per Sq Ft
$179
Number of Homes for Sale
2
Last 12 months Home Sales
32
Months of Supply
0.80
Median List Price
$361,990
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-16%
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