The median home in Fairmont, Minnesota is valued at $163,063, up 3.8% year over year. Fairmont is part of the Fairmont, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

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

Home Value$163,063

+3.8%

AFFORDABILITY

Enter your income for Fairmont.

Income (annual)

Down Payment

$32,613 on $163,063

Affordable — 18% of income

Under the 28% guideline.

PITI$1,127

P/I18%

Afford$253K

Room+$90K

P&I $825Tax $152Ins $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 Fairmont 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 Fairmont, MN analysis

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

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FAIRMONT, MN