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Featured local agent — Fairmont, WV
Sarah Mitchell
Compass Real Estate · Fairmont, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairmont, WV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$161,000median sale price
How is the Fairmont, WV housing market right now?
The median home sale price in Fairmont, WV is $161,000, up 7.3% year-over-year. Homes sell in an average of 56 days with 70 active listings. The market is currently a balanced 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 Fairmont a buyer's or seller's market?
Fairmont, WV is currently a balanced market, based on 3.3 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
56
Average pace
Active listings
70
3.3 months supply
Sale-to-list
96.0%
Below asking
What does the Fairmont housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $161,000 |
| Median list price | $152,500 |
| Year-over-year price change | +7.3% |
| Average days on market | 56 days |
| Active inventory | 70 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 96.0% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 21 |
| New listings (latest month) | 27 |
| Listings with a price cut | 21.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Fairmont by property type?
How the Fairmont, WV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $167,500 | $126/sq ft | 19 | 51 days |
| Townhouse | $226,500 | $130/sq ft | 2 | 68 days |
Source: Redfin · Updated monthly
The Fairmont housing market is currently classified as a balanced market with a median sale price of $161,000. Prices have risen 7.3% compared to last year, with homes spending an average of 56 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Fairmont
There are currently 70 homes listed for sale in Fairmont, West Virginia. The median listing price is $153K.
Active listings
70
Homes on market
Median list price
$153K
Avg. days on market
56
Days until sale
New this week
27
Newly listed
Who lives in Fairmont?
Population
18,303
Median income
$60,791/yr
Median age
34.5 years
Owner-occupied
61.5%
College grads
31.1%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairmont?
Zillow home value
$197,573
Zillow rent index
$1,250/mo
Price-to-rent ratio
13.2x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Fairmont?
Fairmont is a community of approximately 18K residents with a median age of 34.5 years.The median household income is $60,791, which represents a working-class community with solid middle-income opportunities. 31.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.5%, showing a blend of owner and renter-occupied properties. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairmont offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
East Fairmont Middle School
Grades 5-8 · 712 students
East Fairmont High School
Grades 9-12 · 700 students
West Fairmont Middle School
Grades 5-8 · 626 students
Watson Elementary School
Grades PK-4 · 376 students
East Dale Elementary School
Grades PK-4 · 362 students
East Park Elementary School
Grades PK-4 · 318 students
Jayenne Elementary School
Grades PK-4 · 312 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fairmont, WV?
Want a head-to-head view? Compare Fairmont side-by-side with any other U.S. city using our market-comparison tool.
Is Fairmont a good real estate investment market?
For investors evaluating Fairmont, the price-to-rent ratio of 13.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 7.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Fairmont's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Fairmont's median home price.
Frequently asked questions
What is the average home price in Fairmont?
The median home sale price in Fairmont is $161,000, up 7.3% from last year.
How long do homes stay on market in Fairmont?
Homes typically spend 56 days on market before going under contract.
What is the median income in Fairmont?
The median household income is $60,791 per year.
Is Fairmont a buyer's or seller's market?
With 3.3 months of supply, Fairmont is currently a balanced market.
What is the Zillow home value estimate for Fairmont?
The Zillow Home Value Index (ZHVI) for Fairmont is $197,573, representing the typical home value in the area.
How much does a single-family home cost in Fairmont?
The median single-family home price in Fairmont, WV is $167,500 (about $126 per square foot).
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