Fairmont, Peoria, IL
Fairmont — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fairmont, Peoria, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Fairmont Neighborhood Overview
Fairmont is a residential neighborhood located in the heart of Peoria, Illinois, within the 61601 ZIP code. It offers a classic Midwestern community feel with convenient access to the broader amenities of the city. The neighborhood provides a balanced urban-suburban lifestyle for its residents.
Lifestyle & Amenities
Residents enjoy proximity to local parks, neighborhood churches, and essential retail services. The area benefits from its central location, placing it within a short drive of downtown Peoria's dining and entertainment options. Community events and the quiet, tree-lined streets contribute to its appeal.
Real Estate Market
The Fairmont real estate market features primarily single-family homes. According to the U.S. Census, the median home value is approximately $160,000, while current market data shows a price per square foot around $53. This indicates a market that offers relative affordability within the Peoria area.
Schools & Education
Families in Fairmont are served by Peoria Public Schools District 150. The specific schools assigned to the neighborhood can vary, so prospective residents should verify current district boundaries. The district provides a range of educational programs from elementary through high school.
Transportation & Connectivity
Major thoroughfares like War Memorial Drive and Knoxville Avenue provide excellent connectivity for drivers commuting throughout Peoria. Public transportation is available via the Greater Peoria Mass Transit District (CityLink) bus service. The neighborhood's layout is generally navigable and conducive to both driving and walking.
Why Choose Fairmont
Fairmont is an ideal choice for homebuyers seeking an established, affordable neighborhood with a strong sense of community. Its central location offers a practical balance of residential calm and urban accessibility. The stable real estate market presents a compelling opportunity for first-time buyers and investors alike.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Fairmont Market Data
| Metric | Value |
|---|---|
| Median Home Value | $160K |
| Market Tier | Affordable |
| Primary ZIP Code | 61601 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Fairmont, Peoria
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fairmont, Peoria, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16