Fairmont, WV housing market
The typical Fairmont home is worth about $195,000, up 3.3% in a year, 9% above the West Virginia typical home. Homes typically sell in 56 days, below asking.
Home values, sales, trends and how Fairmont compares with the towns next door — updated as new data is published.
Fairmont at a glance
A seller's market
Supply is tight — about 3.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Fairmont | West Virginia |
|---|---|---|
| 2017 | $124,000 | $114,000 |
| 2018 | $130,000 | $116,000 |
| 2019 | $138,000 | $120,000 |
| 2020 | $143,000 | $122,000 |
| 2021 | $156,000 | $137,000 |
| 2022 | $164,000 | $149,000 |
| 2023 | $174,000 | $158,000 |
| 2024 | $174,000 | $163,000 |
| 2025 | $183,000 | $175,000 |
| 2026 | $189,000 | $176,000 |
| August 2026 | $195,000 | $180,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Fairmont in 2025, all single-family houses. That's 0.3 per 1,000 residents, slower than across West Virginia (2.9). Over the past 10 years, Fairmont has permitted 213 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Fairmont's population fell by 288 even though 224 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 5 | 5 | 0 | $700,000 |
| 2025 | 5 | 5 | 0 | $671,000 |
| 2024 | 1 | 1 | 0 | $120,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 4 | 4 | 0 | $700,000 |
| 2021 | 4 | 4 | 0 | $886,000 |
| 2020 | 9 | 9 | 0 | $1.2 million |
| 2019 | 42 | 37 | 5 | $5.2 million |
| 2018 | 8 | 2 | 6 | $1.1 million |
| 2017 | 74 | 13 | 61 | $9.2 million |
| 2016 | 66 | 12 | 54 | $8.2 million |
| 2015 | 20 | 12 | 8 | $2.3 million |
| 2014 | 2 | 2 | 0 | $205,000 |
| 2013 | 3 | 3 | 0 | $307,000 |
| 2012 | 3 | 3 | 0 | $307,000 |
| 2011 | 3 | 3 | 0 | $307,000 |
| 2010 | 3 | 3 | 0 | $307,000 |
| 2009 | 4 | 4 | 0 | $409,000 |
| 2008 | 6 | 6 | 0 | $614,000 |
| 2007 | 10 | 10 | 0 | $1 million |
| 2006 | 12 | 12 | 0 | $1.2 million |
| 2005 | 24 | 24 | 0 | $1.6 million |
| 2004 | 22 | 22 | 0 | $1.5 million |
| 2003 | 20 | 20 | 0 | $1.4 million |
| 2002 | 17 | 17 | 0 | $1.2 million |
| 2001 | 16 | 16 | 0 | $1.1 million |
| 2000 | 16 | 16 | 0 | $1.1 million |
How Fairmont ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Fairmont and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Fairmont | $195K | +3.3% | $1,090 | 5 | $63,032 |
| Pleasant Valley | $214K | +1.5% | $1,090 | 1 | $67,635 |
| White Hall | $253K | +5.2% | $1,090 | — | $76,667 |
3.1 years of income
The typical Fairmont home costs about 3.1 years of the town's median household income, about the same as across West Virginia (3).
How Fairmont ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in Fairmont is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Fairmont pay a median of $916, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $800 · 4 bedrooms $1,750
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (26554; Morgantown, WV MSA), 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. 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.