$5,639 Closing Credit*
$474,900
2,608 SqFt
4 Beds
•2 Full Baths, 1 Partial
#6573409, Jessie Uglem, Listing Office: Hammer Realty
Is Fairmount Township, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Fairmount Township has remained a Seller's Market.
Key Takeaway
Fairmount Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairmount Township, ND
How much do homes in Fairmount Township, ND cost?
Median Sold Price
$250,900
$194/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$150,900(+150.9%)
Key Takeaway
Homes in Fairmount Township have sold for 150.9% more than they did a month ago.
Summary: The median home sold price in Fairmount Township was $250,900 in November 2024, up 150.9% from last month, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $100K | - | N/A |
| 4 Bedrooms | - | $250.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairmount Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fairmount Township | $100K | $250.9K | +150.9% |
| Fairmount | $100K | $250.9K | +150.9% |
Housing Supply in Fairmount Township, ND
How many homes are available in Fairmount Township, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Fairmount Township real estate market had 3 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairmount Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fairmount Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Fairmount Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fairmount Township, ND
How long does it take to sell a home in Fairmount Township, ND?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 105 Days | 18 Days | -82.9% |
Summary: Homes in Fairmount Township had an average of 18 days on market in Nov 2024, down by 82.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairmount Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Fairmount Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
