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

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

Middle Schools near Fairmont, MN

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

High Schools near Fairmont, MN

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

Ungraded Schools near Fairmont, MN

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

Demographics near Fairmont, MN

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

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.