Fairmount, ND Foreclosures
Current Market Conditions in in Fairmount, ND As of March 2026?
Over the past month, the Fairmount real estate market has remained stable, with a balanced offering of homes available for sale. Compared to the previous month, there was a slight uptick in activity, with a few new listings attracting attention from eager buyers seeking affordable opportunities. The average days on the market for homes has not significantly changed, maintaining a reasonable pace that reflects local demand.
How much do homes sell for in Fairmount, ND?
The average home price is currently $184,199.
In Fairmount, ND, how many homes are available?
There are currently 12 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 $601,430.
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 small, charming town nestled in the Richland County. Known for its strong sense of community and rural charm, this area offers a peaceful lifestyle with ample recreational opportunities. With a population of just under 400, residents enjoy close-knit relationships and a slow-paced life surrounded by the beauty of the North Dakota landscape.
Buyer vs Seller Market in Fairmount, ND
The real estate market in Fairmount has seen steady interest from buyers looking for affordable housing in a rural setting. Homes tend to sell quickly due to the appealing lifestyle and community spirit, resulting in a balanced market with opportunities for both buyers and sellers. Prices are generally lower than in larger urban areas, making it an attractive choice for first-time homebuyers or those looking to downsize.
Increasing interest in rural living has brought a fresh wave of buyers to Fairmount, particularly as remote work becomes more common. The subtle charm of the town, coupled with its accessibility to larger cities, contributes to a growing demand for homes, keeping the market active and vibrant.
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 $146,672.00. 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 $184,199.00, with the most expensive house
in Fairmount, ND, topping out
at $601,430.00 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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