Fairmont, MN
Housing market overview · Updated weekly
$139,000median sale price
Homes sold
11
Last 12 weeks
Days on market
44
Average pace
Active listings
40
3.6 months supply
Sale-to-list
95.0%
Below asking
The Fairmont housing market is currently classified as a balanced market with a median sale price of $139,000. Prices have fallen 35.6% compared to last year, with homes spending an average of 44 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Fairmont
There are currently 40 homes listed for sale in Fairmont, Minnesota. The median listing price is $224K.
Active listings
40
Homes on market
Median list price
$224K
Avg. days on market
44
Days until sale
New this week
10
Newly listed
Explore nearby cities in MN
Frequently asked questions
What is the average home price in Fairmont?
The median home sale price in Fairmont is $139,000, down 35.6% from last year.
How long do homes stay on market in Fairmont?
Homes typically spend 44 days on market before going under contract.
Is Fairmont a buyer's or seller's market?
With 3.6 months of supply, Fairmont is currently a balanced market.
Get Fairmont market alerts
Weekly updates on prices, inventory, and trends. Free forever.