Fairmont, WV Home Values & Market Trends

Real estate market trends reflect that there have been 325 transactions over the past year in Fairmont. The median value for residential home transactions that occurred over the previous year is $168,581.55. The number of current listings in Fairmont is 59, and the percentage of properties for sale in the city is 59.00%. Fairmont, WV currently has 10 properties in foreclosure, 0 bank owned properties, 10 properties headed for auction, and 59 properties for sale.

Fairmont, WV Real Estate Market Overview

ZipMedian Est. Value
26554

$ 167,000

$ 94/sqft

Housing Market Summary for Fairmont, WV

Apr 2023March 2024Change
Median Listing Price$199.5K$167.6K-15.99%
Median Sold Price$162.6K$167.6K3.06%
Homes For Sale6563-3.08%
Homes Sold198172-13.13%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Fairmont, WV

Fairmont home values range from $8,106 to $2,169,995. The median estimated value of a home in Fairmont is $168,581.55. The median list price of a home is 169,000, and the total count of properties in the city is 15,310.

Foreclosure
There is 1 zips within Fairmont, WV; within this zips, the median estimated home value for homes in foreclosure ranges from $219,754 in 26554 to the lowest value of $74,200 in 26554. Foreclosure homes account for 0.00% of properties in Fairmont, WV with 26554 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Fairmont, WV with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Fairmont, WV; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fairmont, WV ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Fairmont, WV. There is 1 zips within Fairmont, WV; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    26554 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Fairmont, WV. Auction homes and other auction properties account for 0.07% of all properties in Fairmont, WV. There is 1 zips within Fairmont, WV; of that zips, the median estimated home value for homes going to auction ranges from $219,754 in 26554 to the lowest value of $74,200 in 26554.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in Fairmont, WV with 26554 containing 64 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Fairmont, WV; homes for sale in that zips, have a range of median values from $487,962 in 26554 to the lowest value of $39,680 in 26554.
    Sold Homes
    The median value for recently sold homes ranges from $650,000 in 26554 to the lowest price of $8,994 in 26554. There is 1 zips within Fairmont, WV. 26554 has 175 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.08% of properties in Fairmont, WV.

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      Guide for Fairmont, WV

      Home Buying Guides & Tips
      West Virginia Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports
      Anchorage Real Estate Market Report April 2024
      See More Articles
      West Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      West Virginia Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.

      Recently Listed Homes Fairmont, WV

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