Data as of March 2026. Source: Realtor.com.
The FAIRMONT, MN real estate market (56031) currently shows 52 active listings, with 14 pending sales. Homes are averaging 100 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 100 days on market compared to 77 days last year.
The median listing price has risen 14.3% year-over-year, from $224,900 to $256,975.
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.
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 March 2026, there are 52 active listings in FAIRMONT, MN (zip code 56031), compared to 29 the prior year.
The median listing price in FAIRMONT, MN 56031 is $256,975 as of March 2026, a 14.3% increase from $224,900 the prior year.
Homes in FAIRMONT, MN 56031 spend an average of 100 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FAIRMONT, MN 56031 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in FAIRMONT, MN 56031 save an estimated $5,140 compared to a typical 5% commission on the median listing price of $256,975. 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.