The Fairmount housing market is somewhat competitive. The median sale price of a home in Fairmount was $530K last month, up 16.5% since last year. The median sale price per square foot in Fairmount is $236, up 30.7% since last year.
What is the housing market like in Fairmount today?
In March 2024, Fairmount home prices were up 16.5% compared to last year, selling for a median price of $530K. On average, homes in Fairmount sell after 74 days on the market compared to 75 days last year. There were 27 homes sold in March this year, up from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+16.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Fairmount, NJ
$530,000
+16.5%
United States
To compare other locations to the Fairmount and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
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How hot is the Fairmount housing market?
Fairmount is somewhat competitive. Homes sell in 83 days.
0
100
44
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 83 days.
Hot homes
can sell for about 4% above list price and go pending in around 46 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
4/10
Dionne Warwick Institute
Public • PreK-5
462
Students
6 reviews
4/10
Dr. E. Alma Flagg Elementary School
Public • K-8 • Choice school
487
Students
4 reviews
3/10
Thirteenth Avenue Elementary School
Public • PreK-8 • Choice school
638
Students
3 reviews
2/10
Sussex Avenue Elementary School
Public • PreK-8 • Choice school
457
Students
3 reviews
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
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fairmount has a moderate risk of flooding. 230 properties in Fairmount are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Fairmount. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fairmount has a minor risk of wildfire. There are 11 properties in Fairmount that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Fairmount.
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. 3,070 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.