The Fairmont housing market is somewhat competitive. The median sale price of a home in Fairmont was $200K last month, up 61.0% since last year. The median sale price per square foot in Fairmont is $91, down 44.2% since last year.
What is the housing market like in Fairmont today?
In March 2024, Fairmont home prices were up 61.0% compared to last year, selling for a median price of $200K. On average, homes in Fairmont sell after 35 days on the market compared to 12 days last year. There were 2 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$199,950
+61.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Fairmont, IN
$199,950
+61.0%
United States
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How hot is the Fairmont housing market?
Fairmont is somewhat competitive. Homes sell in 22 days.
0
100
68
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 22 days.
Hot homes
can sell for about 5% above list price and go pending in around 3 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 Fairmont housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fairmont.
Risk Factor
Flood Factor - Major
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fairmont has a major risk of flooding. 97 properties in Fairmont are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Fairmont. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Fairmont has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fairmont is most at risk from hurricanes. 568 properties in Fairmont 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.