Fairmount, CO is an affluent area with a median housing value of $683,100, significantly higher than the national median of $338,100. The US experienced an overall house appreciation rate of 8.27%, however Fairmount saw an even higher appreciation rate of 10.62%. This indicates that Fairmount is a desirable area to buy property and it reflects the high standards of living that are enjoyed by its inhabitants.
The median home cost in Fairmount is $683,100. Home appreciation the last 10 years has been 154.0%. Home Appreciation in Fairmount is up 16.0%.
Average Age of Homes
- The median age of Fairmount real estate is 39 years old
The Rental Market in Fairmount
- Renters make up 12.3% of the Fairmount population
- 0.0% of houses and apartments in Fairmount, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.