Fairmont, MN Housing Market
The Fairmont housing market is somewhat competitive. The median sale price of a home in Fairmont was $165K last month, down 32.1% since last year. The median sale price per square foot in Fairmont is $107, down 13.7% since last year.
Fairmont Housing Market Trends
In October 2025, Fairmont home prices were down 32.1% compared to last year, selling for a median price of $165K. On average, homes in Fairmont sell after 21 days on the market compared to 17 days last year. There were 13 homes sold in October this year, down from 14 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
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 2% below list price and go pending in around 37 days.
- Hot homescan sell for about 2% above list price and go pending in around 13 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
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 26 days.
- Hot homescan sell for around list price and go pending in around 14 days.
Fairmont Migration & Relocation Trends
View houses in Fairmont that sold recently
Recently sold homes
- $349,500 Last Sold Price4 beds3 baths—sq ft1652 190th Ave, Fairmont, MN 56031List Price$345,000Sale to List1% over listDays on Market73 days1652 190th Ave, Fairmont, MN 56031
- $149,000 Last Sold Price4 beds2 baths—sq ft125 Maple St, Fairmont, MN 56031List Price$149,900Sale to List1% under listDays on Market121 days125 Maple St, Fairmont, MN 56031
- $190,000 Last Sold Price4 beds2 baths—sq ft835 S Park St, Fairmont, MN 56031List Price$190,000Sale to List0% over listDays on Market176 days835 S Park St, Fairmont, MN 56031
- $282,000 Last Sold Price4 beds4 baths—sq ft440 Water St, Fairmont, MN 56031List Price$299,000Sale to List6% under listDays on Market85 days440 Water St, Fairmont, MN 56031
- $90,000 Last Sold Price2 beds1 bath—sq ft856 Redwood Dr, Fairmont, MN 56031List Price$104,900Sale to List14% under listDays on Market25 days856 Redwood Dr, Fairmont, MN 56031
- $88,000 Last Sold Price2 beds2 baths—sq ft935 Willow St, Fairmont, MN 56031List Price$104,900Sale to List16% under listDays on Market21 days935 Willow St, Fairmont, MN 56031
- $231,8003 beds2 baths1,663 sq ft605 Adams Ave, Fairmont, MN 56031List Price—Sale to List—Days on Market—605 Adams Ave, Fairmont, MN 56031
- $151,000 Last Sold Price2 beds2 baths—sq ft517 Willow St, Fairmont, MN 56031List Price$147,000Sale to List3% over listDays on Market36 days517 Willow St, Fairmont, MN 56031
See all recently sold homes in Fairmont.
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Schools in Fairmont
- Elementary
- Middle
- High
GreatSchools Rating
3/10 Fairmont Elementary School Public • PreK-6 | 956 Students | 1 reviews |
NR So. Plains Positive Approach To Asd Public • K-12 | 5 Students | N/A |
NR Southern Plains Bridges Public • K-12 | 26 Students | N/A |
NR Southern Plains Education Coop. Public • PreK-K | 22 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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