Is Fairmount, ND 58030 a buyer’s or seller’s market?
Fairmount is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Fairmount housing market right now
In the three months ending August 31, 2026, 0% of homes in Fairmount, ND 58030 sold above their list price, the typical home went under contract in 32 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 was about the same (0% then), homes sold faster (71 days then) and the median sale price rose 32% to $438,810. Overall, Fairmount is more competitive than a year ago, so tougher for buyers.
Within Richland County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Christine 58015 (100% sold over asking) and Colfax 58018 (50% sold over asking) are even more competitive.
Run the numbers for 58030
Nearby markets
Abercrombie 58001 $191 /sq ftChristine 58015Buyer’s market $176 /sq ftColfax 58018Balanced $267 /sq ftHankinson 58041Buyer’s market $203 /sq ft Browse all markets →Where Fairmount is
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Questions about Fairmount real estate
Is Fairmount a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Fairmount, ND 58030 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fairmount?
The typical home went under contract in 32 days in the latest three months.
Do homes in Fairmount 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 Fairmount?
About 1.13% of a home’s value a year in Richland County, or roughly $4,520 on a $400,000 home.
What is the median home price in Fairmount?
The median sale price was $438,810 in the three months ending August 31, 2026, about $176 per square foot.
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More tools for 58030
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology