Housing Prices in Fairmont, WV

How much do homes in Fairmont, WV cost?

Median List Price

$215,000

$121/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$103,990(-32.6%)

Key Takeaway

The list price of homes in Fairmont has decreased by 32.6% since last year.

Summary: The median home list price in Fairmont was $215,000 in March 2024, down 32.6% from the previous year, and the median price per square foot was $121.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$46K
N/A
2 $165K$99.9K
-39.5%
3 $316.4K$221.7K
-29.9%
4 $324.4K$259K
-20.2%
5+ -$547K
N/A

Summary: Fairmont housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.5%, 3 bedroom homes decreased by 29.9%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Palatine
-14.7%
Fairmont
-32.6%

Housing Supply in Fairmont, WV

How many homes are available in Fairmont, WV?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
75133+77.3%

Summary: The Fairmont real estate market had 133 homes for sale in March 2024, a 77.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1019
+90.0%
3 4274
+76.2%
4 1729
+70.6%
5+ 510
+100.0%

Summary: The Fairmont housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 90%, 3 bedroom homes increased by 76.2%, 4 bedroom homes increased by 70.6%, and 5+ bedroom homes increased by 100%.

Days on Market for Fairmont, WV

How long does it take to sell a home in Fairmont, WV?

Average Listing Age

Mar 2023Mar 2024CHANGE
533 Days84 Days-84.2%

Summary: Homes in Fairmont had an average listing age of 84 days in Mar 2024, down by 84.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Fairmont, WV

Nearby Markets to Fairmont, WV

What housing markets are near Fairmont, WV?