Fairmont, MN Real Estate & Property Data

Fairmont Real Estate Market Trends
Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Fairmont, MN 56031. ATTOM’s Fairmont real estate data is updated daily, and current market trends show that in Fairmont, MN a total of 228 residential properties have sold over the past year. With a median home price of $324,000 in Fairmont and a total of 2 foreclosures. Get detailed property data for Fairmont, MN instantly. ATTOM is your one-stop-shop for the Fairmont property reports and real estate data you need in Fairmont, MN.

Fairmont Real Estate Market Trends
Total Residential Properties 4,992
Total Commercial Properties 406
Avg. Home Age (Single Family Home) 71 Years
Avg. Square Feet (Single Family Home) 1,567
Total 2025 Residential Sales (year-to-date) 91
% of Homes Seriously Underwater (Q3 2025) 1.55%
Total 2024 Residential Sales 201
% of Equity Rich Homes (Q3 2025) 25.59%
Effective 2024 Property Tax 1.19%
Total Foreclosure Filings (year-to-date) 2
Interested in Purchasing National or Fairmont, MN 56031 Property Data?

Fairmont, MN 56031 Real Estate Overview

There were 228 residential properties sold in the past year in Fairmont, MN 56031. The median home value in Fairmont, MN 56031 is $165,170. There are a total of 4,992 residential properties in the 56031.

Median Sales Price i
$324,000
(Jun 2025)
+71.4%
year-over-year
y-o-y
  • June '25 Jun '25 $324,000
  • May '25 May '25 $133,500
  • April '25 Apr '25 $185,000
  • March '25 Mar '25 $199,450
  • February '25 Feb '25 $126,000
  • January '25 Jan '25 $146,000
  • December '24 Dec '24 $156,000
  • November '24 Nov '24 $144,400
  • October '24 Oct '24 $226,000
  • September '24 Sep '24 $150,000
  • August '24 Aug '24 $172,050
  • July '24 Jul '24 $216,000
Median Down Payment i
$108,025
(Jun 2025)
+535.8%
year-over-year
y-o-y
  • June '25 Jun '25 $108,025
  • May '25 May '25 $15,000
  • April '25 Apr '25 $19,500
  • March '25 Mar '25 $17,250
  • February '25 Feb '25 $25,000
  • January '25 Jan '25 $10,400
  • December '24 Dec '24 $21,000
  • November '24 Nov '24 $13,000
  • October '24 Oct '24 $52,000
  • September '24 Sep '24 $29,437
  • August '24 Aug '24 $22,000
  • July '24 Jul '24 $43,000
Number of Homes Sold i
15
(Jun 2025)
-6.2%
year-over-year
y-o-y
  • June '25 Jun '25 15
  • May '25 May '25 17
  • April '25 Apr '25 15
  • March '25 Mar '25 22
  • February '25 Feb '25 10
  • January '25 Jan '25 12
  • December '24 Dec '24 16
  • November '24 Nov '24 19
  • October '24 Oct '24 18
  • September '24 Sep '24 20
  • August '24 Aug '24 25
  • July '24 Jul '24 23
Number of Purchase Loans i
7
(Jun 2025)
-46.2%
year-over-year
y-o-y
  • June '25 Jun '25 7
  • May '25 May '25 10
  • April '25 Apr '25 9
  • March '25 Mar '25 18
  • February '25 Feb '25 9
  • January '25 Jan '25 10
  • December '24 Dec '24 11
  • November '24 Nov '24 13
  • October '24 Oct '24 10
  • September '24 Sep '24 15
  • August '24 Aug '24 24
  • July '24 Jul '24 18
Number of REFI Loans i
8
(Jun 2025)
-11.1%
year-over-year
y-o-y
  • June '25 Jun '25 8
  • May '25 May '25 7
  • April '25 Apr '25 8
  • March '25 Mar '25 10
  • February '25 Feb '25 6
  • January '25 Jan '25 3
  • December '24 Dec '24 6
  • November '24 Nov '24 2
  • October '24 Oct '24 9
  • September '24 Sep '24 8
  • August '24 Aug '24 6
  • July '24 Jul '24 13
Number of HELOC Loans i
11
(Jun 2025)
+83.3%
year-over-year
y-o-y
  • June '25 Jun '25 11
  • May '25 May '25 6
  • April '25 Apr '25 3
  • March '25 Mar '25 7
  • February '25 Feb '25 9
  • January '25 Jan '25 1
  • December '24 Dec '24 6
  • November '24 Nov '24 5
  • October '24 Oct '24 5
  • September '24 Sep '24 11
  • August '24 Aug '24 5
  • July '24 Jul '24 9

Fairmont, MN 56031 Foreclosure Activity

There were a total of 2 Fairmont, MN 56031 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
2
(Jun 2025)
+100%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
Foreclosure Starts i
2
(Jun 2025)
+100%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 2
  • April '25 Apr '25 N/A
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Fairmont, MN property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.