Fairmount Real Estate Market Hits Downward Trend in Contracts

Sales remained steady from last week to this week, with one home sold in the Fairmount market over the last 30 days. However, an established downturn in the number of pending transactions continued, with one completed in the same period. As contracts trended lower, prices also took a turn lower, with the median sales price falling to a three-month low at $45,000. Fairmount is a definite buyer's market, with 11 months of inventory to choose from on top of the downward trend in contracts and prices.

If you want a low price tag for your next home, these listings are the most affordable Fairmount has to offer:

$115K   $119K   $144K  

Get started right now by checking out Fairmount homes for sale or reviewing Fairmount real estate trends.

Demographic facts for Fairmount:

  • This area has 18.8% vacant homes.
  • The area gets 206 sunny days a year. (U.S. average: 205)
  • The student per librarian ratio in this area is 321:1. (803:1 = national average)

Data reported through 10/12/2016

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Fresh Start Realty
Snapped 1 home in this area

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