Fairmount, ND housing market
The typical Fairmount home is worth about $148,000, up 12.6% in a year, 50% below the North Dakota typical home.
Home values, sales, trends and how Fairmount compares with the towns next door — updated as new data is published.
Fairmount at a glance
Typical home value, 2023–2026
Show as a table
| January | Fairmount | North Dakota |
|---|---|---|
| 2024 | $148,000 | $259,000 |
| 2025 | $147,000 | $273,000 |
| 2026 | $140,000 | $287,000 |
| August 2026 | $148,000 | $292,000 |
No new homes permitted in 2025
No permits for new homes were issued in Fairmount in 2025. The last year with any was 2021 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $290,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 2 | 2 | 0 | $250,000 |
| 2016 | 2 | 2 | 0 | $250,000 |
| 2015 | 2 | 2 | 0 | $250,000 |
| 2014 | 1 | 1 | 0 | $125,000 |
| 2013 | 1 | 1 | 0 | $125,000 |
| 2012 | 1 | 1 | 0 | $125,000 |
| 2011 | 1 | 1 | 0 | $125,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $161,000 |
| 2007 | 1 | 1 | 0 | $153,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Fairmount and its neighbors
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Fairmount is $970 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $740 · 4 bedrooms $1,640
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58030; Wilkin County, MN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Fairmount
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.