Home prices
The median home price in Fairmount is $380,200. This is roughly $118,580 (45%) higher compared to other places in this area.In comparison to the US as a whole it is roughly $162,700 (74%) higher, and in comparison to the city of Huntsville it is about $197,300 (107%) higher.
Rents
In Fairmount the median monthly rent is $1,063. In comparison to other places in this area this is roughly $43 (3%) lower.It is is very similar compared to the United States as a whole, and in comparison to the city of Huntsville it is about $236 (28%) higher.
Nearby places
Walden
Walden is Fairmount's neighbor to the southeast. The real estate prices there are somewhat more expensive. The median home in Walden is valued at $412,900, which comes out to $32,700 (7%) higher than Fairmount. The rent there is a little more expensive. Walden's median monthly rent is $1,175, which comes out to $112 (9%) higher than Fairmount.
Lone Oak
Lone Oak is Fairmount's neighbor to the northwest. Its housing prices are significantly less expensive. The median home in Lone Oak costs $162,000, which is $218,200 (134%) lower than Fairmount. The rent there is significantly less expensive. In Lone Oak the median monthly rent is $725, which works out to $338 (46%) lower than Fairmount.
Signal Mountain
Signal Mountain is Fairmount's neighbor to the south. The real estate prices there are somewhat less expensive. The median home cost in Signal Mountain is $345,900, which works out to $34,300 (9%) lower than Fairmount. Rents there are substantially more expensive. The median monthly rent in Signal Mountain is $1,938, which works out to $875 (45%) higher than Fairmount.
Falling Water
Falling Water is about 3 miles east from Fairmount. Housing prices there are a lot less expensive. The price of the median home in Falling Water is $238,400, which works out to $141,800 (59%) lower than Fairmount. Rents there are somewhat less expensive. The median rent in Falling Water is $917 a month, which works out to $146 (15%) lower than Fairmount.
Red Bank
Red Bank is about 5 miles south of Fairmount. Housing prices there are substantially less expensive. The median home in Red Bank costs $148,900, which comes out to $231,300 (155%) lower than Fairmount. Rents there are substantially less expensive. The median monthly rent in Red Bank is $773, which comes out to $290 (37%) lower than Fairmount.
