Land Market Insights and Pricing in Fayette County, Illinois

Fayette County, Illinois, offers a diverse landscape across its 725 square miles, characterized by the Central Illinois Till Plain's flat to gently rolling terrain. The county's northern portion of Carlyle Lake and the winding Kaskaskia River provide scenic water features and recreational opportunities, enhancing land value near Ramsey Lake State Recreation Area. Predominantly agricultural, Fayette boasts vast expanses of productive farmland, interspersed with forested areas along waterways. With a low population density of 30.9 inhabitants per square mile, the county presents ample rural land for development or conservation. Excellent connectivity via Interstates 70 and 57, alongside U.S. Routes 40 and 51, ensures easy access for land buyers. However, potential investors should note the higher-than-average property tax rate of 1.52%. Despite this, Fayette's affordable median home price of $114,700 and low unemployment rate of 3.4% make it an attractive option for those seeking Illinois acreage.