$625
1 bd1 ba624 sqft
1551 Falcon Dr #206
Fairmont, MN Housing Market
$166,077
4.8% 1-yrThe average Fairmont, MN home value is $166,077, up 4.8% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Fairmont Key Takeaways
Typical Home Values: $166,077
1-year Value Change: +4.8%
(Data through December 31, 2025)
Fairmont Housing Market Overview
--1-year Market Forecast
46For sale inventory(December 31, 2025)
11New listings(December 31, 2025)
--Median sale to list ratio
--Median sale price(November 30, 2025)
$197,933Median list price(December 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Fairmont
- NameMedian ZHVI
- Searles--
- Essig--
- Moneta--
- Old Town$345,581
- Redwood$347,311
- Galaxie Commons$272,664
- Downtown$352,235
- Alimagnet$420,902
- Industrial District$518,631
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Fairmont Rental Market Trends
--Average rent in Fairmont
$1,901National average rent(December 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
