Fairmont, NE Foreclosures
How much do homes sell for in Fairmont, NE?
The average home price is currently $325,570.
In Fairmont, NE, how many homes are available?
There are currently 6 active home listings available in Fairmont.
What’s the average rental cost in Fairmont, NE?
The average rental price in Fairmont is $998.
What is the most expensive home in Fairmont?
The most expensive home sold in Fairmont had a price of $5,179,485.
What is currently the cheapest priced home in Fairmont, NE?
The cheapest home for sale in Fairmont is priced at $28,400.
Living in Fairmont, NE
Fairmont, NE is a charming small town in Fillmore County known for its friendly community and serene environment. It offers a range of local amenities and is ideal for families and those looking for a quiet lifestyle. With good schools and recreational opportunities, Fairmont is a great place to call home.
Current Market Conditions in Fairmont, NE
The real estate market in Fairmont is currently stable, with a healthy mix of home buyers and investors showing interest in the area. Prices remain affordable compared to urban centers, making it an attractive option for families and first-time home buyers. Homes in Fairmont have a good turnover rate, reflecting a strong community interest in maintaining the area's charm and character.
With the rise in demand for suburban living, Fairmont is experiencing a gradual increase in property values. The market remains competitive, with homes often receiving multiple offers. Buyers are drawn to the affordability and quality of living in Fairmont, leading to a rising trend in new constructions and renovations to existing homes.
Home Value Estimator For Fairmont, NE
There are currently 371 real estate properties
in Fairmont, NE,
with a median automated valuation model (AVM) price
of $158,886.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairmont, NE, 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 Fairmont, NE,
is $325,570.00, with the most expensive house
in Fairmont, NE, topping out
at $5,179,485.00 and the cheapest home
in Fairmont, NE,
clocking in at $28,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairmont, NE!
Rent Prices
In Fairmont, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairmont, NE, is on
a rollercoaster ride. The
average rent price in Fairmont, NE,
is $998.00. Indeed, when looking to rent in
Fairmont, NE, you can expect to pay as little
as $410.00 or as much
as $2,120.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Fairmont, NE
-- 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.