Active Listings
69
⇧ 27.8% vs 54 last year
Data as of September 2026. Source: Realtor.com.
The FAIRMONT, MN real estate market (56031) currently shows 69 active listings, with 19 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 40 days last year.
The median listing price has fallen 3% year-over-year, from $242,175 to $234,975.
Population: 11,861 · Density: 29.3/mi² · Median household income: $58,647
Typical home value: $162,799 · Homeownership: 68.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56031 | Fairmont, MN 56031 | 0.0 mi | 50 | $14,723,900 | $259,600 | $294,478 |
| 56181 | Welcome, MN 56181 | 8.4 mi | 6 | $2,087,682 | $322,250 | $347,947 |
| 50531 | Dolliver, IA 50531 | 13.5 mi | 1 | $199,900 | $199,900 | $199,900 |
| 50514 | Armstrong, IA 50514 | 14.4 mi | 5 | $859,875 | $171,975 | $171,975 |
| 56047 | Huntley, MN 56047 | 15.4 mi | 1 | $110,000 | $110,000 | $110,000 |
| 50590 | Swea City, IA 50590 | 17.1 mi | 3 | $282,750 | $94,250 | $94,250 |
| 56098 | Winnebago, MN 56098 | 17.6 mi | 10 | $1,411,830 | $138,800 | $141,183 |
| 56013 | Blue Earth, MN 56013 | 18.0 mi | 21 | $4,279,149 | $199,450 | $203,769 |
| 56027 | Elmore, MN 56027 | 18.6 mi | 4 | $520,000 | $130,000 | $130,000 |
| 56060 | Lewisville, MN 56060 | 21.5 mi | 1 | $159,950 | $159,950 | $159,950 |
| 50578 | Ringsted, IA 50578 | 22.6 mi | 1 | $419,000 | $419,000 | $419,000 |
| 56010 | Amboy, MN 56010 | 23.5 mi | 1 | $209,900 | $209,900 | $209,900 |
| 50517 | Bancroft, IA 50517 | 25.1 mi | 2 | $310,000 | $155,000 | $155,000 |
As of September 2026, there are 69 active listings in FAIRMONT, MN (zip code 56031), compared to 54 the prior year.
The median listing price in FAIRMONT, MN 56031 is $234,975 as of September 2026, a 3% decrease from $242,175 the prior year.
Homes in FAIRMONT, MN 56031 spend an average of 66 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FAIRMONT, MN 56031 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in FAIRMONT, MN 56031 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $234,975. 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.