Metropolitan market · West Virginia · September 2026 data

What is the Fairmont, WV real estate market doing?

As of September 2026, the median home listed in Fairmont, WV asks $244,950, up 24.1% year over year. Homes spend a median of 53 days on market, with 91 active listings and 17% carrying a price cut; pending contracts equal 89% of active listings, and inventory sits at 58% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$244,950
▲ 24.1% YoY
Median $ / sq ft
$139
1,816 sq ft median
Median days on market
53
September 2026
Active listings
91
For sale now
New listings
58
September 2026
Listings with price cuts
17%
Share of active
Inventory vs 2019
58%
Same month, 2019 = 100
Pending / active
89%
Contract activity
Median sale price (closed)
$234,500
▲ 14.4% YoY · closed sales · July 2026
Sale-to-list ratio
94.2%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
36
Closed sales · July 2026, seasonally adjusted

What is the Fairmont, WV housing market doing right now?

The Fairmont, WV housing market lists at a $244,950 median as of September 2026, up 24.1% year over year, with a 53-day median market time and 91 homes for sale (17% with a price cut). Active inventory is 58% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Fairmont housing market statistics

The table summarizes Fairmont's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Fairmont.

Fairmont, WV housing market at a glance — September 2026
MetricLatestDetail
Median listing price$244,950+24.1% YoY
Median price per sq ft$1391,816 sq ft median
Median days on market53+4% YoY
Active listings91-5% YoY
New listings this month58September 2026
Listings with a price cut17%Share of active
Median sale price (closed)$234,500+14.4% YoY · closed sales, July 2026
Sale-to-list ratio94.2%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio89.0%81 pending
Inventory vs 201958%Active listings vs same month in 2019

How have home prices changed in Fairmont?

Fairmont home prices are up 24.1% year over year and +10.8% month over month as of September 2026, at a $244,950 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$245K$223K$201K$180K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

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

The 10-year view
$224K$202K$181K$159K '17'18'19'20'21'22'23'24'25'26

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

How much inventory is on the market in Fairmont?

Fairmont has 91 active listings, 58 new this month, 81 pending as of September 2026. About 17% of active listings have cut their price, and inventory sits at 58% of its 2019 level — a balanced market by pace.

Active listings
91
New this month
58
Pending
81
Price-reduced
15

Is Fairmont a good real estate investment?

Fairmont scores 75/100 on WealthyBud's composite Investor Score, ranking #47 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
75/100
#47 of 933 covered metros
12-month outlook
+6.4%
▲ Rising · model output, not advice
Momentum
78
Value
85
Rental yield
65
Supply risk
14
Market heat
58

Fairmont scores 75/100 on our composite Investor Score (#47 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 58% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 24.1% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

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.

How much is a monthly mortgage payment in Fairmont?

A home at Fairmont's $244,950 median listing runs about $1,341 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,210/mo
−$130/mo vs today
At today's rate · 7.28%
$1,341/mo
National weekly average
If rates rise 1% · 8.28%
$1,476/mo
+$136/mo vs today

Principal & interest on the $244,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Fairmont?

To buy Fairmont’s $244,950 median listing with 20% down, a household needs about $63,000 a year in gross income, keeping principal, interest and property tax ($1,463/mo) at 28% of income. The area’s median household income is $67,537, so the median listing is within reach of a typical Fairmont household on these terms.

Income needed to buy the median home in Fairmont, WV — September 2026
ItemAmountBasis
Median listing price$244,950September 2026
Down payment (20%)$48,990Assumption
Principal & interest (7.28%, 30-yr fixed)$1,341/moRate as of 2026-10-01
Property tax (0.60% effective rate)$122/moCensus ACS
Income needed (28% rule)$63,000Gross household income / yr
Median household income$67,537Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Fairmont housing market?

Longer-run demand in Fairmont shows up in 11 homes permitted in 2025; net migration of +154 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
11
▲ 266.7% vs 2024
0.2 per 1,000 residents
Net migration (2022–2023)
+154
▲ people, via tax-return records
net income flow −$3.13M/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 housing market FAQ

What is the median home price in Fairmont?
As of September 2026, the median listing price in Fairmont, WV is $244,950, up 24.1% year over year (source: public records and industry data). Figures cover the Fairmont, WV metro area.
How much does it cost to buy a home in Fairmont?
The median home listed in Fairmont asks $244,950 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,341 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Fairmont?
The median property in Fairmont spends 53 days on the market, with 91 homes actively listed and 17% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Fairmont?
With a median 53 days on market and 17% of active listings carrying a price cut, pending contracts at 89% of active listings, Fairmont reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Fairmont a good place to invest in real estate?
Fairmont scores 75/100 on WealthyBud's Investor Score, ranking #47 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
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 West Virginia market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Fairmont, WV 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.

More West Virginia housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.