Fairmount, ND Foreclosures
Current Market Conditions in in Fairmount, ND As of February 2026?
Over the past month, Fairmount's real estate market has shown a consistent demand for housing, with a slight increase in average sales prices due to limited inventory. The competitive atmosphere is leading to quicker sales, with most homes selling within a few weeks of listing. As the town's charm attracts more potential residents, sellers are optimistic about favorable conditions continuing into the next month.
How much do homes sell for in Fairmount, ND?
The average home price is currently $181,699.
In Fairmount, ND, how many homes are available?
There are currently 9 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 $596,847.
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 quaint town that boasts a warm and welcoming community, making it an appealing choice for families and retirees alike. The beautiful rural landscapes and abundance of outdoor activities provide residents with a serene lifestyle. Essential amenities and a strong community connection enhance the living experience in this charming town.
Buyer vs Seller Market in Fairmount, ND
The real estate market in Fairmount is currently stable, characterized by a balance of supply and demand. Properties are generally affordable compared to national averages, appealing to first-time homebuyers and those looking for investment opportunities. As the region experiences slight growth, more homebuyers are discovering the charm of small-town living.
Recently, Fairmount has seen an uptick in interest from prospective buyers, which has led to a slight increase in home prices, but overall affordability remains intact. This trend suggests that the market could continue to appreciate as the community develops and attracts new residents.
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 $146,637.00. 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 $181,699.00, with the most expensive house
in Fairmount, ND, topping out
at $596,847.00 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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