Fairmount, ND Foreclosures
How much do homes sell for in Fairmount, ND?
The average home price is currently $182,915.
In Fairmount, ND, how many homes are available?
There are currently 8 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 $596,373.
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 peaceful small town known for its friendly community and beautiful landscapes. It offers a relaxed lifestyle with access to essential amenities, while providing numerous opportunities for outdoor activities and family-friendly events.
Current Market Conditions in Fairmount, ND
Fairmount's real estate market is currently stable, with a steady demand for housing due to its appealing lifestyle and affordability. Homes typically retain their value well, with local buyers showing strong interest in both older homes and new construction as families seek permanent residences.
The market trends indicate a gradual appreciation in home values over the last few years, largely driven by a consistent influx of residents attracted to the area's quality of life and community spirit. As the surrounding areas develop, Fairmount is poised for growth in real estate interest.
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 $182,915.00, with the most expensive house
in Fairmount, ND, topping out
at $596,373.00 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.
Learn more on Foreclosure homes
