Call or Text (240) SELL-123

FAIRFAX, MN 55332

Real Estate Market Report  ·  Renville County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
2
50% pending ratio
Median Price
$265,000
⇧ 71.6% vs $154,450 last year
Average Price
$302,760
⇧ 77.3% vs $170,720 last year
Days on Market
39
⇩ 15.2% vs 46 days last year

Market Context

Population: 1,752  ·  Density: 5.9/mi²  ·  Median household income: $60,673

Typical home value: $119,321  ·  Homeownership: 84.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FAIRFAX, MN real estate market (55332) currently shows 4 active listings, with 2 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 39 days on market compared to 46 days last year.

The median listing price has risen 71.6% year-over-year, from $154,450 to $265,000.

Whether you are buying or selling in FAIRFAX, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for FAIRFAX, MN 55332 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 39 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $265,000 (+71.6% YoY)
  • Average: $302,760 (+77.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.2 miles — 70 listings ($16,354,980 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55332Fairfax, MN 553320.0 mi4$1,211,040$265,000$302,760
56266Morgan, MN 5626612.4 mi5$1,004,375$230,500$200,875
55342Hector, MN 5534215.4 mi3$780,000$230,000$260,000
55396Winthrop, MN 5539616.8 mi9$1,836,774$219,900$204,086
55314Buffalo Lake, MN 5531418.3 mi2$504,000$252,000$252,000
55385Stewart, MN 5538518.4 mi2$329,800$164,900$164,900
56283Redwood Falls, MN 5628321.4 mi28$6,480,936$186,900$231,462
55312Brownton, MN 5531222.1 mi5$1,480,375$277,150$296,075
55334Gaylord, MN 5533424.7 mi6$1,654,680$259,950$275,780
56230Danube, MN 5623026.8 mi1$345,000$345,000$345,000
56293Wabasso, MN 5629328.4 mi2$212,000$106,000$106,000
56019Comfrey, MN 5601929.3 mi2$166,000$83,000$83,000
56083Sanborn, MN 5608330.2 mi1$350,000$350,000$350,000

Frequently Asked Questions

How many homes are for sale in FAIRFAX, MN 55332?

As of January 2026, there are 4 active listings in FAIRFAX, MN (zip code 55332), compared to 5 the prior year.

What is the median home price in FAIRFAX, MN 55332?

The median listing price in FAIRFAX, MN 55332 is $265,000 as of January 2026, a 71.6% increase from $154,450 the prior year.

How long do homes stay on the market in FAIRFAX, MN?

Homes in FAIRFAX, MN 55332 spend an average of 39 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in FAIRFAX, MN 55332?

Based on current inventory and days-on-market data as of January 2026, FAIRFAX, MN 55332 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 46 days last year.

How much can I save on real estate commission in FAIRFAX, MN?

With SELL123.com's maximum 3% commission, sellers in FAIRFAX, MN 55332 save an estimated $5,300 compared to a typical 5% commission on the median listing price of $265,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.