Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 3 |
Acreage buckets
The median price for land in Fairmont, Minnesota is currently $135K per acre. For a typical parcel, the median sale price is $140K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $74K while premium lots reached $148K.
Land in Fairmont, Minnesota typically sells within 487 days of listing. The median time on market is 487 days. Properties are moving slowly in the current strong buyer's market.
The top-performing broker in this market is RE/MAX TOTAL REALTY.
Land in Fairmont, Minnesota averages $242K per acre. The median price per acre is $135K, which may be more representative of typical transactions. Most parcels sold are around 18,730 sq ft.
There are currently 2 active listings in Fairmont, Minnesota. The median asking price is $163K.
The median land price in Fairmont, Minnesota stands at $140K. This translates to roughly $135K per acre for the typical parcel size. The average price is $116K, showing a fairly consistent market.
Over the past 12 months, Fairmont, Minnesota saw 3 properties sold, totaling $348K in sales volume.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
