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Fairmont Homes for Sale

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    $85,000

    • 3 Beds
    • 1 Bath
    • 1,340 Sq Ft

    2901 42nd Ln N, Birmingham, AL 35207

    This 3 bed, 1 bath home with 1,056 sq ft, built in 1985, is a perfect opportunity for investors looking for a turnkey rental in North Birmingham. The property was just vacated and was previously rented for $1,265/month, tenant recently moved out and it is ready for a new tenant! This house offers a strong return and rental history. Located in a growing area with solid rental demand, this home

    Luke Statom Bham Realty, LLC

    2901 42nd Ln N, Birmingham, AL 35207
  • /3

    $9,500

    • Land
    • 0.58 Acre
    • $16,379 per Acre

    5856 33rd St N Unit 1, Birmingham, AL 35207

    .58 acre lot in established community of Lewisburg Gardens. Heavily wooded. Quiet, serene setting to build. No HOA or restrictions. Utilities available at road. Buyer to verify all items of importance. Being sold in conjunction with lot next to it (.66 acres) (MLS ___) or on its own. Seller is negotiable.

    Lori King Jonathan Chamness Realty Group

    5856 33rd St N Unit 1, Birmingham, AL 35207

Why Live in Fairmont

Fairmont, a suburban neighborhood in Birmingham, is strategically positioned for commuters with its proximity to U.S. Highway 31 and Interstate 65, facilitating easy access to Downtown Birmingham and the International Airport, both within 6 miles. The area features a mix of single-story homes, including shotgun, national-style, bungalow, and ranch-style houses, set on small to medium-sized lots amidst rolling hills and dense forests. While home prices are notably lower than both the Birmingham and national averages, the neighborhood's northern section remains undeveloped. Public transportation is accessible with numerous bus stops throughout Fairmont. Local amenities include Ruth's Café, known for its Southern comfort food, and nearby Fultondale offers shopping options like Winn-Dixie, Aldi, and Target. Fairmont Park provides a playground and picnic pavilion, while North Birmingham Park and the Fultondale Sports Complex offer additional recreational facilities. Despite the neighborhood's appeal, potential residents should be aware of environmental concerns, as part of Fairmont is included in the EPA's Superfund Site study due to soil pollution. Additionally, Birmingham's location in Dixie Alley means a heightened risk of severe weather, with city plans in place for emergency preparedness.

Frequently Asked Questions

Is Fairmont a good place to live?
Fairmont is a good place to live. Fairmont is considered very car-dependent and somewhat bikeable with minimal transit options. Fairmont is a suburban neighborhood. Fairmont has 9 parks for recreational activities. It is sparse in population with 0.8 people per acre and a median age of 40. The average household income is $41,282 which is below the national average. College graduates make up 7.2% of residents. A majority of residents in Fairmont are home owners, with 47.7% of residents renting and 52.3% of residents owning their home. A local real estate agent serving Fairmont can help you decide if this neighborhood is the right one for you. Learn more on our Fairmont neighborhood guide.
How much do you need to make to afford a house in Fairmont?
The median home price in Fairmont is $835,000. If you put a 20% down payment of $167,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $4,320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $185K a year to afford the median home price in Fairmont. The average household income in Fairmont is $41K.
What are the best public schools in Fairmont?
The best public schools that serve Fairmont are:
  • Gardendale High School has a B Niche grade, a student teacher ratio of 17:1 and an average review score of 3.8.
  • Bragg Middle School has a B Niche grade, a student teacher ratio of 20:1 and an average review score of 2.8.
  • Fultondale High School has a B- Niche grade, a student teacher ratio of 19:1 and an average review score of 3.8.
What are the most popular zip codes in Fairmont, Birmingham, AL?
The most popular zip codes in Fairmont, Birmingham, AL include 35207, 35217, 35068, 35234 and 35204.
What are the most popular neighborhoods near Fairmont, Birmingham, AL?
The most popular neighborhoods near Fairmont, Birmingham, AL are Hooper City, Collegeville, North Birmingham, Inglenook and Acipco-Finley.

Home Trends in Fairmont, AL

Housing Trends

Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$835,000
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