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Median sale price
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Fairmont, MN: housing market trends

The median home sale price in Fairmont, MN was $187,411 for the three-month period ending September 2026. Sale prices were 3.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$187,411
three-month period ending September 2026
Median sale price per sq ft
$104.01
three-month period ending September 2026
Active listings
97
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 97 active listings for the three-month period ending September 2026. Active listings were 16.9% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 36 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Fairmont, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$187,411$104.0153
Single-familySeptember 2026$188,925$103.3350
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$176,482$149.323 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Fairmont, MN
MarketMedian sale priceReporting period / source
Northrop, MN$104,0003 months ending April 2026 · Redfin
Granada, MN$122,9413 months ending September 2026 · Redfin
Welcome, MN$149,9293 months ending September 2026 · Redfin
Ceylon, MN$93,4553 months ending September 2026 · Redfin
Truman, MN$173,6173 months ending September 2026 · Redfin
Sherburn, MN$234,3883 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Fairmont, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$187,411$104.0197
August 2026$186,000$111.35103
July 2026$160,000$109.02109
June 2026$159,850$104.82103
May 2026$160,000$100.0097
April 2026$165,000$92.6783
March 2026$145,000$102.6267
February 2026$164,900$102.6260
January 2026$190,000$110.3770
December 2025$185,046$105.4072
November 2025$173,500$111.2878
October 2025$182,591$113.6482
September 2025$180,450$115.0983
August 2025$179,900$113.6468
July 2025$165,000$112.8168
June 2025$167,750$96.7159
May 2025$180,000$110.9463
April 2025$187,000$112.8348
March 2025$190,000$116.2951
February 2025$167,000$111.1450
January 2025$167,000$114.0852
December 2024$207,250$115.2851
November 2024$205,000$114.0662
October 2024$186,950$109.9162

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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