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Fairlawn Homes for Sale

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  • 1066 N Oakcrest Ave, Decatur, IL 62522
    1066 N Oakcrest Ave, Decatur, IL 62522
    1066 N Oakcrest Ave, Decatur, IL 62522
    /21

    $83,500

    • 2 Beds
    • 1.5 Baths
    • 960 Sq Ft

    1066 N Oakcrest Ave, Decatur, IL 62522

    Charming, Move-In Ready Bungalow with Surprising Space & Modern Upgrades!Step inside this well maintained bungalow and fall in love with how much space it offers! The updated kitchen features custom-built cabinetry, upgraded appliances (which stay!), and stylish new flooring.The spacious living room boasts newly refinished hardwood floors and plenty of natural light from the replacement

    Abby Golladay Vieweg RE/Better Homes & Gardens Real Estate-Service First

    1066 N Oakcrest Ave, Decatur, IL 62522
  • 2525 W Center St, Decatur, IL 62526
    2525 W Center St, Decatur, IL 62526
    2525 W Center St, Decatur, IL 62526
    /48

    $289,900

    • 4 Beds
    • 2.5 Baths
    • 2,546 Sq Ft

    2525 W Center St, Decatur, IL 62526

    Adventure Awaits!! Discover a home where open skies meet everyday comfort. This 4-bedroom, 2.5 bath retreat offers 2,546 sq ft of living space, perfectly set on 5.68 acres of possibility. This property offers the best of both worlds, with the home in the city and connected to public water, while the barns and 4.48-acre farm is unincorporated. Upstairs you’ll find 2 bedrooms, a full bath, and

    Chris Harrison Keller Williams Revolution

    2525 W Center St, Decatur, IL 62526
  • 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
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 $83,500. If you put a 20% down payment of $16,700 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $420 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $18K 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 17% in the last 12 months.

Home Trends in Fairlawn, IL

On average, homes in Fairlawn, Decatur sell after 16 days on the market compared to the national average of 52 days. The median sale price for homes in Fairlawn, Decatur over the last 12 months is $75,000, up 14% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$75,000
Median Single Family Sale Price
$83,500
Average Price Per Sq Ft
$54
Number of Homes for Sale
2
Last 12 months Home Sales
41
Months of Supply
0.60
Median List Price
$83,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%
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