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Why Live in Fairmont

Fairmont, located in rural southern Minnesota, is known for its lakeside lifestyle and strong agricultural economy. The city features a connected lake system that offers ample opportunities for swimming, boating, and water skiing, making waterfront recreation a central part of life. Fairmont's economy is bolstered by agricultural production and manufacturers like Fairmont Foods and 3M. Downtown revitalization efforts are underway, enhancing the city's amenities and quality of life. Housing options include various styles from the early 20th century to the early 2000s, with ranch-style and Minimal Traditional properties being common. The White Ridge Trail development is introducing new twin homes to the southern end of the city. Fairmont maintains 400 acres of parkland with playgrounds, sports fields, and disc golf courses, providing numerous things to do for residents. Dining often revolves around the lakes, with local favorites like Channel Inn offering burgers and beer on an outdoor patio overlooking Hall Lake. Downtown Fairmont features consignment shops, jewelry stores, diverse hometown restaurants, and the Fairmont Opera House. The Fairmont Area School District is highly rated, with a focus on STEM learning. Annual events include the Martin County Fair, Interlaken Heritage Days, a fishing tournament, a triathlon, and Fourth of July fireworks. Prairie Lakes Transit operates fixed bus routes, while Interstate 90 and Route 15 provide regional connectivity. The Mayo Clinic Fairmont Hospital offers comprehensive medical services. Crime rates in Fairmont are trending down, with a significant decrease in overall crime and narcotic-related offenses since 2018.

Home Trends in Fairmont, MN

Housing Trends

Median Sale Price
$270,000
Median Single Family Sale Price
$270,000
Median Townhouse Sale Price
$430,000
Average Price Per Sq Ft
$121
Number of Homes for Sale
1
Last 12 months Home Sales
43
Months of Supply
0.30
Median List Price
$254,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
44%
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