Fairmont, WV is a great place to live due to its attractive housing market. The median value for a house in Fairmont is $145,900, which is much lower than the US house median value of $338,100. Additionally, the appreciation rate for houses in Fairmont over the past year has been 19.23%, much higher than the US 1 year house appreciation rate of 8.27%. This makes Fairmont an attractive option for those looking to make an investment in real estate or purchase their first home at a lower price point than the national average.
The median home cost in Fairmont is $145,900. Home appreciation the last 10 years has been 50.2%. Home Appreciation in Fairmont is up 12.4%.
Average Age of Homes
- The median age of Fairmont real estate is 69 years old
The Rental Market in Fairmont
- Renters make up 27.4% of the Fairmont population
- 2.1% of houses and apartments in Fairmont, 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.