The Fairmount housing market is very competitive. The median sale price of a home in Fairmount was $260K last month, up 6.2% since last year. The median sale price per square foot in Fairmount is $224, up 26.6% since last year.
What is the housing market like in Fairmount today?
In March 2024, Fairmount home prices were up 6.2% compared to last year, selling for a median price of $260K. On average, homes in Fairmount sell after 41 days on the market compared to 11 days last year. There were 12 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$260,175
+6.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Fairmount, VA
$260,175
+6.2%
United States
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How hot is the Fairmount housing market?
Fairmount is very competitive. Homes sell in 17.5 days.
0
100
71
Very Competitive
Redfin Compete Score™
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fairmount housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fairmount.
Risk Factor
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fairmount has a moderate risk of flooding. 12 properties in Fairmount are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Fairmount. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Fairmount has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fairmount is most at risk from hurricanes. 559 properties in Fairmount have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.