Housing in Fairmount · A seller's market

A typical Fairmount home is worth roughly $249,000

Homes typically sell in 6 days, a little above asking.

Typical home value

$249K

▲ 11.4% in a year · NY $424K

Estimate

Median sale price

$320K

May 2026 · Redfin

Days on market

Faster than NY (42)

Sale-to-list

107.2%

Homes sell above asking

Homes sold

in May · 14 for sale

2-bedroom rent

$1,520

a month, utilities in · HUD

Median tax bill

$4,873

NY $6,582

What kind of housing town is Fairmount?

Read from the numbers below. The page puts what stands out first.

Prices climbing fastUp 11.4% in a year.A high tax rateAbout 2.65% of a home’s value a year, vs 1.55% across New York.Your money goes further41% below the New York typical home.Homes go fastHomes typically sell in 6 days, above asking.

★ What stands out · Price trend

Home prices up 68% in 5 years

The federal house price index for the ZIP codes around Fairmount rose 68% over the past 5 years, faster than across New York (52%). Last year prices rose 11%. Carrying the Census median home value forward with that index puts the typical Fairmount home at roughly $249,000 today.

Fairmount areaNew York

+11%

past year

+68%

past 5 years

+100%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $249K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fairmount, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 3 years of income

Less than across New York (4.9 years). Try your own numbers below.

You could afford about

$263,000

Typical Fairmount home $249K

That covers a typical Fairmount home, with $14K to spare.

The typical home, each month

$1,860

Loan $1,230Tax $550Insurance $70

A two-bedroom rents for about $1,520 a month here, $340 less than owning.

Where your budget reaches nearby

Solvay$150K Westvale$214K Camillus$209K Geddes$182K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fairmount’s typical property tax (2.65% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Market temperature

A seller's market

Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Under ~4 months of supply favors sellers; over ~6 favors buyers.

2.8

months of supply · NY 4.6

days to sell · NY 42

107.2%

of asking price, at sale

60%

sold above asking

85.7%

under contract within 2 weeks

new listings in May

Redfin Data Center, all residential sales, May 2026.

Renting

A two-bedroom rents for about $1,520

Renters already here pay a median of $1,341, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,090

1 bedroom$1,230

2 bedrooms$1,520

3 bedrooms$1,850

4 bedrooms$2,020

18%

of households rent · NY 46%

759

renter households

48%

of renters spend 30%+ of income on rent · NY 52%

22%

of the median income, for a two-bedroom

$1,341

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Syracuse, NY MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

82% of Fairmount households own their home

Half of Fairmount’s homes were built before 1961.

Owners and renters

Own 82%Rent 18%

New York: 54% own.

1961

typical home built · NY 1959

$4,873

median property tax bill · NY $6,582

2.65%

of a home’s value, a year in tax · NY 1.55%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Fairmount vs. its neighbors

Fairmount is the priciest of 5 neighboring towns. Tap one to see its housing page.

Fairmount$249K Westvale$214K Camillus$209K Geddes$182K Solvay$150K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Fairmount	$249K*	+11.4%†	$1,520	—	$84,225
Solvay	$150K*	+4.1%†	$1,330	5	$61,166
Westvale	$214K*	+10.9%†	$1,430	—	$98,542
Camillus	$209K*	+11.2%†	$1,560	21	$85,915
Geddes	$182K*	+5.4%†	$1,350	16	$76,839

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 Fairmount buyers, sellers and renters are saying.

Town Square →

Weigh in

The data says Fairmount is a seller's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

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.