Home Insurance in Fairfield, Illinois

With a median home value of $88,800, Fairfield is 20% lower than the Wayne County median.

Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Fairfield was built around 1958. About 55% of homes were built before 1960, about 18 points above Wayne County's 37%.

Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Fairfield is 75% single-family homes, 9% apartments in buildings with 5+ units and 9% mobile or manufactured homes.

About 53% of owner-occupied homes in Fairfield have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 68% of occupied homes in Fairfield are owner-occupied.

Most homes in Fairfield - 70% - are primarily heated with natural gas.

Wayne County had 13 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Low). See the full Wayne County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).

Key figures

Median home value$88,800
Median year built1958
Owner-occupied share68%
Share of owner-occupied homes with a mortgage53%
Top county hazardEarthquake (Relatively Low)
Active NFIP policies in Wayne County13
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Fairfield, IL

Nearby towns

Sources

Data last updated: 2026-09-29