Active Listings
50
⇧ 25% vs 40 last year
Population: 11,861 · Density: 29.3/mi² · Median household income: $58,647
Typical home value: $162,799 · Homeownership: 68.5%
Data as of January 2026. Source: Realtor.com.
The FAIRMONT, MN real estate market (56031) currently shows 50 active listings, with 11 pending sales. Homes are averaging 104 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 104 days on market compared to 69 days last year.
The median listing price has risen 24.8% year-over-year, from $213,950 to $267,000.
Whether you are buying or selling in FAIRMONT, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56031 | Fairmont, MN 56031 | 0.0 mi | 50 | $15,394,050 | $267,000 | $307,881 |
| 56181 | Welcome, MN 56181 | 8.4 mi | 7 | $1,912,701 | $225,000 | $273,243 |
| 50531 | Dolliver, IA 50531 | 13.5 mi | 1 | $199,900 | $199,900 | $199,900 |
| 50514 | Armstrong, IA 50514 | 14.4 mi | 5 | $1,411,125 | $179,950 | $282,225 |
| 56047 | Huntley, MN 56047 | 15.4 mi | 1 | $65,500 | $65,500 | $65,500 |
| 50590 | Swea City, IA 50590 | 17.1 mi | 3 | $279,501 | $95,000 | $93,167 |
| 56098 | Winnebago, MN 56098 | 17.6 mi | 11 | $1,784,046 | $139,700 | $162,186 |
| 56013 | Blue Earth, MN 56013 | 18.0 mi | 21 | $4,193,427 | $189,000 | $199,687 |
| 56027 | Elmore, MN 56027 | 18.6 mi | 3 | $377,301 | $130,000 | $125,767 |
| 56160 | Odin, MN 56160 | 22.4 mi | 1 | $189,900 | $189,900 | $189,900 |
| 51334 | Estherville, IA 51334 | 22.8 mi | 23 | $5,893,681 | $200,000 | $256,247 |
| 56023 | Delavan, MN 56023 | 24.9 mi | 2 | $559,800 | $279,900 | $279,900 |
| 50451 | Lakota, IA 50451 | 25.4 mi | 1 | $285,000 | $285,000 | $285,000 |
As of January 2026, there are 50 active listings in FAIRMONT, MN (zip code 56031), compared to 40 the prior year.
The median listing price in FAIRMONT, MN 56031 is $267,000 as of January 2026, a 24.8% increase from $213,950 the prior year.
Homes in FAIRMONT, MN 56031 spend an average of 104 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FAIRMONT, MN 56031 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 104 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in FAIRMONT, MN 56031 save an estimated $5,340 compared to a typical 5% commission on the median listing price of $267,000. 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.