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Featured local agent — Fairmount, NY
Sarah Mitchell
Compass Real Estate · Fairmount, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairmount, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$320,000median sale price
How is the Fairmount, NY housing market right now?
The median home sale price in Fairmount, NY is $320,000, up 22.8% year-over-year. Homes sell in an average of 6 days with 14 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairmount a buyer's or seller's market?
Fairmount, NY is currently a strong seller's market, based on 2.8 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
6
Fast-moving
Active listings
14
2.8 months supply
Sale-to-list
107.2%
Above asking
What does the Fairmount housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $320,000 |
| Median list price | $254,900 |
| Year-over-year price change | +22.8% |
| Average days on market | 6 days |
| Active inventory | 14 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 107.2% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 12 |
| Listings with a price cut | 14.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fairmount by property type?
How the Fairmount, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $350,000 | $199/sq ft | 4 | 9 days |
| Townhouse | $225,000 | $180/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Fairmount housing market is currently classified as a strong seller's market with a median sale price of $320,000. Prices have risen 22.8% compared to last year, with homes spending an average of 6 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Fairmount
There are currently 14 homes listed for sale in Fairmount, New York. The median listing price is $255K.
Active listings
14
Homes on market
Median list price
$255K
Avg. days on market
6
Days until sale
New this week
12
Newly listed
Who lives in Fairmount?
Population
9,998
Median income
$82,968/yr
Median age
40.7 years
Owner-occupied
80.2%
College grads
39.7%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Fairmount?
Fairmount is a community of approximately 10K residents with a median age of 40.7 years.The median household income is $82,968, which reflects a relatively affluent area with strong earning potential. 39.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairmount offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Fairmount, NY?
Want a head-to-head view? Compare Fairmount side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairmount?
The median home sale price in Fairmount is $320,000, up 22.8% from last year.
How long do homes stay on market in Fairmount?
Homes typically spend 6 days on market before going under contract.
What is the median income in Fairmount?
The median household income is $82,968 per year.
Is Fairmount a buyer's or seller's market?
With 2.8 months of supply, Fairmount is currently a strong seller's market.
How much does a single-family home cost in Fairmount?
The median single-family home price in Fairmount, NY is $350,000 (about $199 per square foot).
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