Fairmont Real Estate Market
The median sale price for homes in Fairmont over the last 12 months is $80,000.
The median mortgage debt is $52,029.
The price per square foot for listings in this area is $437.
The median sale price in December for single family homes is $75,000. The sale prices increased by 6.76% from the previous month.
The price per square foot for sales in this area is $38.
The number of active listings in Fairmont increased by 12.2% from the previous month.
The median number of days active properties have been listed is 91.
The number of sales in December dropped by 50% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
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