Housing market · ZIP 56031

Fairmont, MN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$198,478

3-month+1.7%

6-month+2.5%

12-month+4.5%

Touse 12-month forecast

+2.1%

Projected median near $202,734 over the next 12 months

As of April 2026, the median home value in Fairmont, MN (ZIP 56031) is $198,478. Prices are stable, up 4.5% over the past year. Touse's model projects a +2.1% change over the next 12 months, putting the median near $202,734.

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Nearby areas in Martin

Granada 56039 Northrop 56075 Truman 56088 Ceylon 56121 Dunnell 56127 Ormsby 56162 Sherburn 56171 Trimont 56176

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.