75Alpha

Fairmont, MN metro area Housing Market Brief

metro · MN · as of August 2026

Seller's

What is Fairmont, MN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+51.680
Inventory Health25%
-5.558
Affordability20%
-3.692
Economic Strength20%
65
Rental Yield15%
-8.684

Where is Fairmont, MN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Fairmont, MN metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Fairmont, MN metro area housing market data

MetricValueYoY
Median Sale Price$174K▲ +10.3%
Median Days on Market38 days▲ +35.7%
Months of Supply4.8▲ +77.8%
Homes for Sale102▲ +61.9%
Homes Sold22-8.3%
Median Price / Sq Ft$109-0.3%

How has Fairmont, MN metro area’s Alpha Score moved?

Now: 75
12-period trend
Median sale price · 12 mo

Markets like Fairmont, MN metro area

Frequently asked questions

Is Fairmont, MN metro area a buyer's or seller's market?

As of August 2026, Fairmont, MN metro area is classified as a Seller's Market, based on its Alpha Score of 75 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Fairmont, MN metro area?

The median sale price in Fairmont, MN metro area is $174K, having risen 10.3% over the past year.

How affordable is Fairmont, MN metro area?

Fairmont, MN metro area scores 92 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Fairmont, MN metro area's Alpha Score?

Fairmont, MN metro area's strongest dimension is Affordability (92/100) and its weakest is Inventory Health (58/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Fairmont, MN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.