OfferBackedBuyer Tools

Is Fairmont, NC 28340 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Fairmont is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market132Listing to accepted offer
Median price per sq ft$75▼ −11.6% vs. last year

The Fairmont housing market right now

In the three months ending August 31, 2026, 0% of homes in Fairmont, NC 28340 sold above their list price and the typical home went under contract in 132 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (29 days then) and the median sale price fell 58% to $89,061. Overall, Fairmont is less competitive than a year ago, which gives buyers more room.

Within Robeson County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Shannon 28386 (33% sold over asking) and Pembroke 28372 (20% sold over asking) are even more competitive.

Run the numbers for 28340

Prefilled for 28340Can I win this house?Multiple-offer likelihood for a listing Prefilled for 28340Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lumber Bridge 28357Seller’s market $161 /sq ftLumberton 28358Balanced $121 /sq ftLumberton 28360Seller’s market $163 /sq ftMaxton 28364Buyer’s market $113 /sq ft Browse all markets →

Towns like Fairmont nearby

Find towns like Fairmont in other states →
Mullins, SC29574 · 20 miles away89% similarVery close on income, prices and more Bennettsville, SC29512 · 33 miles away85% similarlarger · 5 min shorter commute Rowland, NC28383 · 11 miles away84% similaryounger residents · more homeowners Dillon, SC29536 · 14 miles away83% similarlarger · younger residents

Where Fairmont is

Loading map…

Questions about Fairmont real estate

How fast do homes sell in Fairmont?

The typical home went under contract in 132 days in the latest three months.

Do homes in Fairmont sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Fairmont?

About 0.87% of a home’s value a year in Robeson County, or roughly $3,480 on a $400,000 home.

What is the median home price in Fairmont?

The median sale price was $89,061 in the three months ending August 31, 2026, about $75 per square foot.

Local agents

See all agents in 28340 →

No sponsored agents in 28340 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 28340

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Robeson County property taxesRobeson County loan limitsClosing costs in North CarolinaHottest ZIP codes in North Carolina
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology