4 years on rocket

1601 Prairie Ave N, Fairmont, MN, 56031

$29,500

Land

Location

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Property Highlights

Home TypeOther
MLS #5475118
StatusActive

About 1601 Prairie Ave N

Huge corner lot. Build your new home or even a twin home!

Property Details

Property Features

Listing Office:

  • Office Name: Cavers Realty Inc

Lot Features

Lot Information:

  • Lot: Corner Lot

Other

Directions Information:

  • Directions: -

Price Information

Listing Price Info

Price Summary:

  • List Price: $29,500
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Housing Market Comparison

See how this home compares to others in Fairmont, MN.

Med. Sold Price

$182.9K

Med. Price/SqFt

$109

Avg. Days On Market

60

# of Sold Homes

12

1601 Prairie Ave N vs Fairmont

1761 DAYS ON ROCKET

+1701 Days

$29,500

-$153.4K Less

KEY TAKEAWAY

This property is $153.4K less than the Median Sold Price in Fairmont, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #5475118

Listing Office:

  • Office Name: Cavers Realty Inc

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Last updated on: 12/3/2024, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$155

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3516574
4
/10
  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 1.04 miles

  • Public District Grades PK-6

school-card-donut-3516575
3
/10
  • Granada Huntley East Chain Elementary School

  • 300 Reynolds St

  • 7.19 miles

  • Public District Grades PK-5

school-card-donut-3516576
4
/10
  • Truman Elementary School

  • 401 E 1st St S

  • 13.48 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,615. Residents of Fairmont, MN typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1601 Prairie Ave N

What is the listing price of this property?

The listing price of 1601 Prairie Ave N property is $29,500.

What type of property is this?

The property 1601 Prairie Ave N is land located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 1601 Prairie Ave N is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaMartin CountyFairmont560311601 Prairie Ave N

This home is located at 1601 Prairie Ave N in Fairmont, MN and zip code 56031. It has been listed on Rocket Homes since February 06, 2020 and is currently priced at $29,500.

In November 2024 more than 4 listings in Fairmont, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 6 were sold below. Between October 2024 and November 2024, Fairmont, MN real estate market has seen decrease in the number of listings by 3.6%. While the average time on the market in November 2024 was 60 days, the median list price was $182,900.

From Rocket Homes Real Estate and based on county public records data.

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