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📍 Fairmount, ND · Zillow ZHVI · July 2026

Average Home Price in
Fairmount, ND

Wahpeton, ND-MN metro area · Richland County County

Median Home Value
$148,533
↑ 8.9% year-over-year
vs. National Median
$410,000
Fairmount is 64% below
Est. Monthly Payment
$775/mo
20% down · 6.8% rate
Income Needed
$39K
gross annual (30% rule)
Median Home Value
$148,533
↑ 8.9% year-over-year
Down Payment (20%)$29,707
Monthly P&I$775/mo
With Taxes & Ins.~$984/mo
Income Needed$39,360/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Fairmount, ND

The median home value in Fairmount, ND is $148,533 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.9% compared to a year ago and down 9.2% from two years prior.

Compared to the U.S. national median of $410,000, homes in Fairmount are priced64% below average. Fairmount is part of the Wahpeton, ND-MN metro area.

City Comparison

Fairmount vs. National Median

🏠 Fairmount
$148,533
National Median
$410,000

At $148,533, homes in Fairmount cost 64% below the national median of $410,000. This makes Fairmount a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Fairmount?

20% Down Payment
$29,707
on $148,533
Monthly P&I
$775/mo
30-yr @ 6.8%
Total Monthly Est.
~$984/mo
incl. taxes & insurance
Income Needed
$39,360
gross annual (30% rule)
10% Down Option
$14,853
+ PMI applies
Loan Amount (20% dn)
$118,826
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Fairmount, ND?
The median home value in Fairmount is $148,533 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.9% year-over-year.
How much have home prices changed in Fairmount?
Over the past year, home values in Fairmount have increased by 8.9%.
How much do I need to earn to buy a home in Fairmount?
To comfortably afford the median home price of $148,533 with a 20% down payment ($29,707) at today's rates (6.8%), you'd need a gross annual income of approximately $39,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairmount compare to the national average home price?
The national median home value is approximately $410,000. At $148,533, homes in Fairmount are 64% below the national average.
What metro area is Fairmount part of?
Fairmount is part of the Wahpeton, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.