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Featured local agent — Fairmount, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Fairmount, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fairmount, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fairmount, NY Housing Market & Real Estate

Strong seller's market+22.8% YoY

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?

Strong seller's market2.8 months of supply6 avg. days on 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?

Current housing market statistics for Fairmount, NY
MetricValue
Median sale price$320,000
Median list price$254,900
Year-over-year price change+22.8%
Average days on market6 days
Active inventory14 listings
Months of supply2.8 months
Sale-to-list price ratio107.2%
Median price per sq ft$198/sq ft
Homes sold (latest month)5
New listings (latest month)12
Listings with a price cut14.3%
Market conditionStrong 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.

Median price, price per square foot, homes sold and days on market by property type in Fairmount, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$350,000$199/sq ft49 days
Townhouse$225,000$180/sq ft16 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

Price drops:14.3%of listings
Sale-to-list:107.2%

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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