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Foreclosure Homes in Fairmount, ND 58030

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Fairmount, ND Foreclosures

How much do homes sell for in Fairmount, ND?
The average home price is currently $175,519.
In Fairmount, ND, how many homes are available?
There are currently 1 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 $603,322.
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, North Dakota is a quaint and peaceful small town perfect for those seeking a close-knit community atmosphere. It offers access to beautiful outdoor spaces, including the Wild Rice River, and is located near larger urban areas for additional amenities. With a low cost of living and a friendly population, Fairmount is an ideal locale for families and retirees alike.

Current Market Conditions in Fairmount, ND

The real estate market in Fairmount is currently stable, with home prices remaining affordable compared to larger metropolitan areas. The average home price in the town is lower than the national average, attracting buyers looking for starter homes or investment properties.

There has been a noticeable increase in interest from buyers looking for homes in rural areas like Fairmount, as people seek more affordable living options away from crowded cities. This trend may lead to a gradual increase in home values as demand continues to grow.

Home Value Estimator For Fairmount, ND

There are currently 144 real estate properties in Fairmount, ND, with a median automated valuation model (AVM) price of $144,497.00. 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 $175,519.00, with the most expensive house in Fairmount, ND, topping out at $603,322.00 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.

Fairmount, ND 58030 Foreclosures

Market Trend for Fairmount, ND

Total Listings Available: 1

Market Values:

Home Prices from $53,940 to $603,322

Average Sales Price: $175,519

Rental Values:

Rental from $620 to $1,790

Average Rent Value: $1,000 / month

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