Fairmont township, MN is a great place to buy a home with its median house value coming in at $313,900. Despite being below the US House Median Value of $338,100, Fairmont township has seen an impressive 1 year appreciation rate of 11.33%, which is higher than the US average of 8.27%. This is a great sign for potential homeowners and investors as it suggests that values are continuing to rise in this community.
The median home cost in Fairmont township is $313,900. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Fairmont township is up 11.6%.
Average Age of Homes
- The median age of Fairmont township real estate is 36 years old
The Rental Market in Fairmont township
- Renters make up 8.4% of the Fairmont township population
- 0.0% of houses and apartments in Fairmont township, 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.