$1,176 Closing Credit*
$99,000
1,091 SqFt
2 Beds
•1 Full Bath, 1 Partial
Karla J. Jacobson, Listing Office: 2Ks Realty
Is Fairmont, NE 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, Fairmont has remained a Seller's Market.
Key Takeaway
Fairmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairmont, NE
How much do homes in Fairmont, NE cost?
Median Sold Price
$24,000
$15/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$127,000(-84.1%)
Key Takeaway
Homes in Fairmont have sold for 84.1% less than they did a month ago.
Summary: The median home sold price in Fairmont was $24,000 in October 2024, down 84.1% from last month, and the median price per square foot was $15.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $24K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairmont housing prices by bedroom type for October 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
| Fairmont | $151K | $24K | -84.1% |
| Exeter-Fairmont Consolidated Township | $151K | $24K | -84.1% |
Housing Supply in Fairmont, NE
How many homes are available in Fairmont, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Fairmont real estate market had 1 homes for sale in October 2024, a 50.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairmont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairmont, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Fairmont in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fairmont, NE
How long does it take to sell a home in Fairmont, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 142 Days | +7000.0% |
Summary: Homes in Fairmont had an average of 142 days on market in Oct 2024, up by 7000% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Fairmont are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Fairmont; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.