$5,878 Closing Credit*
$495,000
1,962 SqFt
3 Beds
•2 Full Baths
Katy Neely Page, Listing Office: League Real Estate
Housing Prices in Fairmount, TX
How much do homes in Fairmount, TX cost?
Median List Price
$475,000
$279/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$10,000(+2.2%)
Key Takeaway
The list price of homes in Fairmount has increased by 2.2% since last year.
Summary: The median home list price in Fairmount was $475,000 in August 2024, up 2.2% from the previous year, and the median price per square foot was $279.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $377.5K | $326.2K | -13.6% |
| 2 Bedrooms | $372.4K | $395K | +6.1% |
| 3 Bedrooms | $475K | $475K | 0.0% |
| 4 Bedrooms | $559K | $515K | -7.9% |
| 5+ Bedrooms | - | $686.9K | N/A |
Summary: Fairmount housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.6%, 2 bedroom homes increased by 6.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Carlock's South Side | $344.9K | $436.9K | +26.7% |
| Fairmount | $465K | $475K | +2.2% |
| Bellevue Hill | $474.5K | $480.5K | +1.3% |
Housing Supply in Fairmount, TX
How many homes are available in Fairmount, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Fairmount real estate market had 26 homes for sale in August 2024, a 7.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fairmount housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Fairmount, TX
How long does it take to sell a home in Fairmount, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 112 Days | 73 Days | -34.2% |
Summary: Homes in Fairmount had an average listing age of 73 days in Aug 2024, down by 34.2% compared to the previous year.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.