Home prices
The median home in Fairhaven is valued at $157,700. It is roughly $9,240 (5%) lower compared to its nearby areas.Compared to the entire country it is roughly $59,800 (27%) lower, and is approximately $93,900 (37%) lower compared to the city of Minneapolis.
Rents
Fairhaven's median monthly rent is $927. It is approximately $135 (17%) higher in comparison to the surrounding areas.Compared to the country as a whole it is about $135 (12%) lower, and is about $100 (9%) lower in comparison to the city of Minneapolis.
Nearby places
South Haven
South Haven is approximately 1 mile south from Fairhaven. Its real estate prices are somewhat less expensive. South Haven's median home cost is $121,300, which works out to $36,400 (30%) lower than Fairhaven. Rents there are somewhat more expensive. The median rent in South Haven is $1,000 a month, which works out to $73 (7%) higher than Fairhaven.
Kimball
Kimball is about 4 miles west from Fairhaven. Its housing prices are somewhat less expensive. The median home in Kimball is valued at $140,900, which comes out to $16,800 (11%) lower than Fairhaven. Rents there are a lot less expensive. In Kimball the median monthly rent is $606, which comes out to $321 (52%) lower than Fairhaven.
Annandale
Annandale is about 5 miles southeast from Fairhaven. Real estate prices there are a little more expensive. The median home in Annandale costs $172,100, which is $14,400 (8%) higher than Fairhaven. Rents there are significantly less expensive. The median monthly rent in Annandale is $572, which comes out to $355 (62%) lower than Fairhaven.
St. Augusta
St. Augusta is roughly 7 miles north from Fairhaven. Its housing prices are a little more expensive. The median home in St. Augusta is valued at $228,400, which works out to $70,700 (30%) higher than Fairhaven. Rents there are pretty similar. St. Augusta's median rent is $947 per month, which comes out to $20 (2%) higher than Fairhaven.
Clearwater
Clearwater is approximately 8 miles northeast of Fairhaven. Real estate prices there are somewhat more expensive. The price of the median home in Clearwater is $172,000, which works out to $14,300 (8%) higher than Fairhaven. Its rents are a bit less expensive. Clearwater's median monthly rent is $836, which is $91 (10%) lower than Fairhaven.
