Fairmont, MN metro area Housing Market Brief
metro · MN · as of August 2026
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.
Where is Fairmont, MN metro area in its market cycle?
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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $174K | ▲ +10.3% |
| Median Days on Market | 38 days | ▲ +35.7% |
| Months of Supply | 4.8 | ▲ +77.8% |
| Homes for Sale | 102 | ▲ +61.9% |
| Homes Sold | 22 | ▼ -8.3% |
| Median Price / Sq Ft | $109 | ▼ -0.3% |
How has Fairmont, MN metro area’s Alpha Score moved?
Markets like Fairmont, MN metro area
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- Huntington, IN metro area, INmetro70
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- Indianola, MS metro area, MSmetro79
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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.