The Fairmount housing market is somewhat competitive. The median sale price of a home in Fairmount was $520K last month, up 28.9% since last year. The median sale price per square foot in Fairmount is $261, up 0.0% since last year.
What is the housing market like in Fairmount today?
In May 2024, Fairmount home prices were up 28.9% compared to last year, selling for a median price of $520K. On average, homes in Fairmount sell after 33 days on the market compared to 19 days last year. There were 23 homes sold in May this year, up from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$519,500
+28.9% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Fairmount, TX
$519,500
+28.9%
United States
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How hot is the Fairmount housing market?
Fairmount is somewhat competitive. Homes sell in 29.5 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 30 days.
Hot homes
can sell for about 1% above list price and go pending in around 15 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Fairmount, TX
97.6%
-1.4 pt
United States
Home offer insights for Fairmount
Explore recent offers and recently sold homes in Fairmount
Recent offers
Schools in Fairmount
Learn about schools in the Fairmount area
Elementary
Middle
High
GreatSchools Rating
8/10
De Zavala Elementary School
Public • PreK-5
289
Students
9 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fairmount housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fairmount.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fairmount has a minor risk of flooding. 27 properties in Fairmount are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Fairmount. Flood risk is increasing faster than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fairmount has a minor risk of wildfire. There are 83 properties in Fairmount that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Fairmount.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Fairmount has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fairmount is most at risk from hurricanes. 1,595 properties in Fairmount have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 81 mph.