A typical Fairhaven home is worth roughly $256,000
The median sale price was $600,000 in May 2026.
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Fairhaven?
Read from the numbers below. The page puts what stands out first.
99% of Fairhaven households own their home
Half of Fairhaven’s homes were built before 1986.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Fairhaven
Try your own numbers below.
That covers a typical Fairhaven home, with $85K to spare.
A two-bedroom rents for about $1,590 a month here, $30 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 39% in 5 years
The federal house price index for the ZIP code around Fairhaven rose 39% over the past 5 years, about the same as across Minnesota. Last year prices rose 1.4%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fairhaven, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,590
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Fairhaven vs. its neighbors
Fairhaven is the least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2014 | Median income |
|---|---|---|---|---|---|
| Fairhaven | $256K* | +1.4%† | $1,590 | — | $89,659 |
| Fair Haven | $352K* | +4.4%† | $1,560 | 0 | $89,034 |
| Southside | $432K* | +1.1%† | $1,570 | — | $81,429 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Fairhaven buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.