Housing · Fairmont

Fairmont, MN housing market

Homes typically sell in 57 days, below asking.

Home values, sales, trends and how Fairmont compares with the towns next door — updated as new data is published.

The market right now

Fairmont at a glance

Median sale price
$147K
May 2026 · Redfin
Days on market
57
Minnesota: 25 days
Sale-to-list
96.8%
Homes sell below asking
Homes sold
18
in May · 52 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.9 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Nearby

Fairmont and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Fairmont — — 57 $53,084
Fairmont $171K +1.6% — $99,375
Affordability

3.2 years of income

The typical Fairmont home costs about 3.2 years of the town's median household income, less than across Minnesota (3.9 years).

How Fairmont ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
60.9%
Minnesota: 72.2%
Median tax bill
$1,911
Minnesota: $3,357
Median rent
$738
Minnesota: $1,280
Typical home built
1966
Minnesota: 1979

U.S. Census Bureau, ACS 2020-2024.

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. Listings link to their publishers.

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Fairmont

Minnesota · MN
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01