The median home in Fairfax, Minnesota is valued at $174,425, up 3.9% year over year. Fairfax is part of the Mankato, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Mankato, MN stress score, crash risk, and 12-month forecast →

Home Value$174,425

+3.9%

AFFORDABILITY

Enter your income for Fairfax.

Income (annual)

Down Payment

$34,885 on $174,425

Affordable — 19.1% of income

Under the 28% guideline.

PITI$1,195

P/I19.1%

Afford$255K

Room+$81K

P&I $882Tax $163Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Fairfax with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Mankato, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Mankato, MN metro.

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FAIRFAX, MN