Fairmont, MN Housing Market
The Fairmont housing market is somewhat competitive. The median sale price of a home in Fairmont was $216K last month, up 75.6% since last year. The median sale price per square foot in Fairmont is $116, up 0.4% since last year.
Fairmont Housing Market Trends
In February 2025, Fairmont home prices were up 75.6% compared to last year, selling for a median price of $216K. On average, homes in Fairmont sell after 43 days on the market compared to 31 days last year. There were 11 homes sold in February this year, up from 6 last year.

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How hot is the Fairmont housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 36 days.
- Hot homescan sell for around list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 18 days.
- Hot homescan sell for about 3% above list price and go pending in around 6 days.
Fairmont Migration & Relocation Trends
View houses in Fairmont that sold recently
Recently sold homes
- $209,900 Last Sold Price3 beds3 baths—sq ft743 Summit Dr, Fairmont, MN 56031List Price$209,900Sale to List0% over listDays on Market59 days743 Summit Dr, Fairmont, MN 56031
- $394,000 Last Sold Price4 beds4 baths—sq ft1686 210th Ave, Fairmont, MN 56031List Price$394,000Sale to List0% over listDays on Market49 days1686 210th Ave, Fairmont, MN 56031
- $270,000 Last Sold Price3 beds2 baths—sq ft205 232nd Ave, Fairmont, MN 56031List Price$290,000Sale to List7% under listDays on Market181 days205 232nd Ave, Fairmont, MN 56031
- $163,000 Last Sold Price2 beds1 bath—sq ft101 Albion Ave #105, Fairmont, MN 56031List Price$165,000Sale to List1% under listDays on Market38 days101 Albion Ave #105, Fairmont, MN 56031
- $70,0002 beds1 bath938 sq ft929 Willow St, Fairmont, MN 56031List Price—Sale to List—Days on Market—929 Willow St, Fairmont, MN 56031
- $225,000 Last Sold Price3 beds3 baths—sq ft1355 Oak Beach Dr, Fairmont, MN 56031List Price$240,000Sale to List6% under listDays on Market88 days1355 Oak Beach Dr, Fairmont, MN 56031
- $388,000 Last Sold Price2 beds2 baths—sq ft2230 Red Bird Ln, Fairmont, MN 56031List Price$388,000Sale to List0% over listDays on Market501 days2230 Red Bird Ln, Fairmont, MN 56031
- $115,000 Last Sold Price2 beds2 baths—sq ft917 Victoria St, Fairmont, MN 56031List Price$119,900Sale to List4% under listDays on Market105 days917 Victoria St, Fairmont, MN 56031
See all recently sold homes in Fairmont.
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Schools in Fairmont
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Fairmont Elementary School Public • PreK-6 | 908 Students | 1 reviews |
NR Southern Plains Education Coop. Public • PreK-K | 27 Students | N/A |
Climate's impact on Fairmont housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Fairmont.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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