Fairmount, ND Foreclosures
Current Market Conditions in in Fairmount, ND As of April 2026?
Over the past month, the real estate market in Fairmount has shown signs of slight growth, with a moderate increase in home listings. The demand for properties remains steady, driven by families looking for affordable housing and those wanting to escape urban areas for a quieter lifestyle. As the season transitions, the market could see further activity, especially with the peak home-buying period approaching.
How much do homes sell for in Fairmount, ND?
The average home price is currently $183,992.
In Fairmount, ND, how many homes are available?
There are currently 2 active home listings available in Fairmount.
What’s the average rental cost in Fairmount, ND?
The average rental price in Fairmount is $1,000.
What is the most expensive home in Fairmount?
The most expensive home sold in Fairmount had a price of $596,233.
What is currently the cheapest priced home in Fairmount, ND?
The cheapest home for sale in Fairmount is priced at $53,940.
Living in Fairmount, ND
Fairmount, ND is a charming small town that boasts a welcoming atmosphere, beautiful landscapes, and a strong sense of community. With local amenities and schools, residents enjoy a wholesome lifestyle with access to outdoor activities and a close-knit social fabric.
Buyer vs Seller Market in Fairmount, ND
The real estate market in Fairmount remains stable, with a healthy balance between supply and demand. As a mainly rural area, homes in Fairmount offer affordability and spacious properties, making it an attractive option for families and retirees alike.
Recent trends indicate a slight uptick in home prices as demand increases due to the appeal of rural living amid the ongoing urban exodus, with those seeking more space and lower costs turning toward small towns like Fairmount.
Home Value Estimator For Fairmount, ND
There are currently 158 real estate properties
in Fairmount, ND,
with a median automated valuation model (AVM) price
of $147,486.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairmount, ND, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fairmount, ND,
is $183,992.00, with the most expensive house
in Fairmount, ND, topping out
at $596,233.00 and the cheapest home
in Fairmount, ND,
clocking in at $53,940.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairmount, ND!
Rent Prices
In Fairmount, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairmount, ND, is on
a rollercoaster ride. The
average rent price in Fairmount, ND,
is $1,000.00. Indeed, when looking to rent in
Fairmount, ND, you can expect to pay as little
as $620.00 or as much
as $1,790.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Fairmount, ND
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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