Metropolitan market · Minnesota · June 2026 data

Fairmont Real Estate Market

The Fairmont, MN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Fairmont report in a click.

Median listing price
$180,000
▼ 12.8% YoY
Median $ / sq ft
$109
1,898 sq ft median
Median days on market
69
June 2026
Active listings
95
For sale now
New listings
32
June 2026
Listings with price cuts
14%
Share of active
Median sale price (closed)
$146,926
▼ 8.2% YoY · closed sales
Sale-to-list ratio
98.1%
Closed sales
Homes sold / month
26
Closed sales
Median listing price trend
$226K$214K$203K$191K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Fairmont MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$240K$206K$172K$138K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Fairmont MN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
95
New this month
32
Pending
29
Price-reduced
13

As of June 2026, the median home listed in Fairmont, MN asks $180,000 — down 12.8% from a year ago. Homes are taking a median of 69 days to go under contract, and 14% of the 95 active listings have taken a price cut, which points to a balanced market. Figures cover the Fairmont, MN metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
50/100
#457 of 932 covered metros
12-month outlook
-2.8%
▼ Cooling · model output, not advice
Momentum
19
Value
96
Rental yield
80
Supply risk
76
Market heat
35

Fairmont scores 50/100 on our composite Investor Score (#457 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 116% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 12.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Fairmont ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$811/mo
−$92/mo vs today
At today's rate · 6.43%
$904/mo
National weekly average
If rates rise 1% · 7.43%
$1,000/mo
+$96/mo vs today

Principal & interest on the $180,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
16
▼ 15.8% vs 2024
0.8 per 1,000 residents
Net migration (2022–2023)
-127
▼ people, via tax-return records
net income flow −$11.5M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Fairmont market FAQs

What is the median home price in Fairmont?
As of June 2026, the median listing price in Fairmont, MN is $180,000, down 12.8% year over year (source: public records and industry data). Figures cover the Fairmont, MN metro area.
How fast are homes selling in Fairmont?
The median property in Fairmont spends 69 days on the market, with 95 homes actively listed and 14% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Fairmont?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Fairmont and the wider Minnesota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Fairmont, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.