Home prices
Fairmount's median home value is $58,200. It is about $36,660 (38%) lower compared to its surrounding areas.Compared to the entire nation it is about $159,300 (73%) lower, and compared to the city of Fargo is roughly $153,900 (72%) lower.
Rents
Fairmount's median rent is $463 per month. This is approximately $221 (32%) lower in comparison to nearby areas.In comparison to the rest of the country it is about $599 (56%) lower, and is about $360 (43%) lower in comparison to the city of Fargo.
Nearby places
Campbell
Campbell is roughly 8 miles east of Fairmount. The real estate prices there are a little less expensive. The median home price in Campbell is $48,500, which is $9,700 (19%) lower than Fairmount. Rent there is substantially more expensive. The median rent in Campbell is $1,063 a month, which works out to $600 (56%) higher than Fairmount.
Hankinson
Hankinson is approximately 11 miles west of Fairmount. The housing prices there are a little more expensive. Hankinson's median home value is $72,700, which comes out to $14,500 (19%) higher than Fairmount. The rent there is somewhat less expensive. The median rent in Hankinson is $438 a month, which works out to $25 (5%) lower than Fairmount.
Rosholt
Rosholt is roughly 12 miles southwest of Fairmount. Housing prices there are significantly more expensive. Rosholt's median home cost is $100,000, which is $41,800 (41%) higher than Fairmount. The rent there is substantially more expensive. In Rosholt the median monthly rent is $750, which works out to $287 (38%) higher than Fairmount.
Breckenridge
Breckenridge is roughly 13 miles north of Fairmount. The housing prices there are a lot more expensive. The median home in Breckenridge is valued at $129,800, which comes out to $71,600 (55%) higher than Fairmount. Its rents are a bit more expensive. Breckenridge's median rent is $499 per month, which works out to $36 (7%) higher than Fairmount.
Wahpeton
Wahpeton is roughly 13 miles north from Fairmount. Housing prices there are substantially more expensive. The median home in Wahpeton is valued at $123,300, which works out to $65,100 (52%) higher than Fairmount. Rent there is somewhat more expensive. Wahpeton's median monthly rent is $669, which works out to $206 (30%) higher than Fairmount.