Why Live in Fairlawn Park
Fairlawn Park in Urbana is characterized by its mid-century architecture and central location, making it appealing to a diverse range of residents, including students, graduates, and families. The neighborhood features primarily 1950s ranch-style homes, many of which have been updated or remodeled. There are also a few duplex units and single-family homes in other traditional styles. Fairlawn Park is part of Urbana School District 116, with Urbana High School earning a high rating and offering a celebrated band program. The neighborhood is conveniently located 1 mile south of Downtown Urbana, 3 miles east of Downtown Champaign, and 1 mile east of the University of Illinois Urbana-Champaign campus. Local shopping and dining options include Family Dollar, Walgreens, Dollar Tree, and the Christian thrift store Salt & Light. Nearby grocery stores like Meijer and Schnucks are about 1 mile away. Dining options range from traditional Mexican fare at Huaraches Moroleon to fast food like McDonald’s and Papa John’s. Recreational opportunities abound with Blair Park, Carle Park, Victory Park, Prairie Park, Lohmann Park, and Crestview Park all within close proximity. The neighborhood is well-connected through major roads and MTD bus stops, with Carle Foundation Hospital 2 miles northwest and University of Illinois Willard Airport 8 miles southwest. Local events include the Boneyard Arts Festival, Pygmalion Music Festival, and Fighting Illini home games.
Home Trends in Fairlawn Park, IL
On average, homes in Fairlawn Park, Urbana sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Fairlawn Park, Urbana over the last 12 months is $439,700, down 24% from the median home sale price over the previous 12 months.
Median Sale Price
$439,700
Median Single Family Sale Price
$464,500
Average Price Per Sq Ft
$653
Number of Homes for Sale
3
Last 12 months Home Sales
12
Median List Price
$439,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-24%