Home prices
The price of the median home in Fairfax is $46,700. It is about $35,880 (43%) lower compared to the surrounding areas.In comparison to the rest of the nation it is roughly $170,800 (78%) lower, and it is approximately $100,500 (68%) lower compared to the city of Mitchell.
Rents
The median rent in Fairfax is $413 per month. This is about $219 (34%) lower compared to other places in this area.Compared to the rest of the nation it is roughly $649 (61%) lower, and in comparison to the city of Mitchell it is about $343 (45%) lower.
Nearby places
Bonesteel
Bonesteel is about 4 miles northwest from Fairfax. Its housing prices are a little more expensive. Bonesteel's median home value is $51,700, which works out to $5,000 (9%) higher than Fairfax. The rent there is a little more expensive. In Bonesteel the median monthly rent is $469, which works out to $56 (11%) higher than Fairfax.
Butte
Butte is about 7 miles south from Fairfax. Its real estate prices are a bit less expensive. Butte's median home price is $42,500, which is $4,200 (9%) lower than Fairfax. Its rents are a little more expensive. The median rent in Butte is $483 a month, which comes out to $70 (14%) higher than Fairfax.
Spencer
Spencer is approximately 12 miles southeast from Fairfax. Its housing prices are a lot more expensive. The price of the median home in Spencer is $76,000, which works out to $29,300 (38%) higher than Fairfax. Its rents are somewhat more expensive. In Spencer the median rent is $558 per month, which is $145 (25%) higher than Fairfax.
Herrick
Herrick is about 14 miles northwest from Fairfax. Real estate prices there are pretty similar. Herrick's median home price is $48,300, which works out to $1,600 (3%) higher than Fairfax. Its rents are significantly more expensive. In Herrick the median monthly rent is $975, which works out to $562 (57%) higher than Fairfax.
Pickstown
Pickstown is approximately 15 miles east of Fairfax. Housing prices there are a lot more expensive. The median home in Pickstown costs $194,400, which is $147,700 (75%) higher than Fairfax. The rent there is significantly more expensive. In Pickstown the median rent is $675 per month, which works out to $262 (38%) higher than Fairfax.