Fairmont Real Estate Market Conditions

Median sales price
$155,000

7.64% change since last quarter
# Active listings
49
30-day change

Fairmont Schools and Demographics

Schools
Demographics

Education near Fairmont, MN

	City	County
High School Graduates	92.45	92.54
College Degree - 2 year	10.04	11.97
College Degree - 4 year	21.96	20.01
Graduate Degree	4.19	3.76
Expenditures per Student	13,358	13,723
Students per Teacher	17.5	14.1

Elementary Schools near Fairmont, MN

	Grades	Students	P/T Ratio	ZIP
Fairmont Elementary School	PK - 06	899	14.8	56031
Sherburn Elementary School	PK - 02	159	15.6	56171
Truman Elementary School	PK - 06	98	8.3	56088
Welcome Elementary	PK - KG	11	22	56181

	Grades	Students	P/T Ratio	ZIP
Martin County West Junior High School	07 - 08	129	28	56171

	Grades	Students	P/T Ratio	ZIP
Fairmont Junior/Senior High School	07 - 12	817	19.7	56031
Granada-Huntley East Chain Secondary	07 - 12	89	8.5	56039
Martin County West Senior High School	09 - 12	269	13.9	56171
Truman Secondary School	07 - 12	87	10.5	56088

	Grades	Students	P/T Ratio	ZIP
Pathways	KG - 12	2	2	56031
Positive Approach To Learning	KG - 12	9	9	56181

	City	County
Neighborhood Type	Small Town
Population	10,251	20,084
Population Density	683	28
Median Age	45.9	45.2
People per Household	2.1	2.3
Median Household Income	48,973	53,627
Average Income per Capita	31,042	30,806

View Homes for Sale in Fairmont

Fairmont Real Estate

The median home value in Fairmont, MN is $155,000. This is higher than the county median home value of $102,200. The national median home value is $219,700. The average price of homes sold in Fairmont, MN is $155,000. Approximately 59.66% of Fairmont homes are owned, compared to 27.68% rented, while 12.66% are vacant. Fairmont real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairmont real estate agent to arrange a tour today!

Fairmont, Minnesota has a population of 10,251. Fairmont is less family-centric than the surrounding county with 20.7% of the households containing married families with children. The county average for households married with children is 24.83%.

The median household income in Fairmont, Minnesota is $48,973. The median household income for the surrounding county is $53,627 compared to the national median of $57,652. The median age of people living in Fairmont is 45.9 years.

Fairmont Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 6.3 degrees. The average rainfall is approximately 31.4 inches per year, with 45.2 inches of snow per year.