Fairmont, WV Housing Market & Real Estate

Leaning buyer's-24.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Fairmont, WV is $152,000, down 24.0% year-over-year. Homes sell in an average of 94 days with 55 active listings. The market is currently a leaning buyer's.

$152,000median sale price

Is Fairmont a buyer's or seller's market?

Leaning buyer's5.0 months of supply94 avg. days on market

Fairmont, WV is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 94 days. How we determine this →

Homes sold

11

Last 12 weeks

Days on market

94

Average pace

Active listings

55

5.0 months supply

Sale-to-list

96.9%

Below asking

Fairmont, WV market data

Current housing market statistics for Fairmont, WV
MetricValue
Median sale price$152,000
Median list price$144,950
Year-over-year price change-24.0%
Average days on market94 days
Active inventory55 listings
Months of supply5.0 months
Sale-to-list price ratio96.9%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Fairmont housing market is currently classified as a leaning buyer's with a median sale price of $152,000. Prices have fallen 24.0% compared to last year, with homes spending an average of 94 days on market, indicating 5.0 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 55 homes listed for sale in Fairmont, West Virginia. The median listing price is $145K.

Active listings

55

Homes on market

Median list price

$145K

Avg. days on market

94

Days until sale

New this week

14

Newly listed

Price drops:18.2%of listings
Sale-to-list:96.9%

Top public schools in Fairmont

9 schools tracked · 4,185 students

The largest public schools serving Fairmont, WV by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Fairmont Senior High School

Grades 9-12 · 779 students

Public

East Fairmont Middle School

Grades 5-8 · 712 students

Public

East Fairmont High School

Grades 9-12 · 700 students

Public

West Fairmont Middle School

Grades 5-8 · 626 students

Public

Watson Elementary School

Grades PK-4 · 376 students

Public

East Dale Elementary School

Grades PK-4 · 362 students

Public

East Park Elementary School

Grades PK-4 · 318 students

Public

Jayenne Elementary School

Grades PK-4 · 312 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in WV

Frequently asked questions

What is the average home price in Fairmont?

The median home sale price in Fairmont is $152,000, down 24.0% from last year.

How long do homes stay on market in Fairmont?

Homes typically spend 94 days on market before going under contract.

Is Fairmont a buyer's or seller's market?

With 5.0 months of supply, Fairmont is currently a leaning buyer's.

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