Is Fairmont, NE 68354 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Fairmont 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list102.4%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$104▼ −20.9% vs. last year

The Fairmont housing market right now

In the three months ending August 31, 2026, 100% of homes in Fairmont, NE 68354 sold above their list price, the typical home went under contract in 43 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 rose from 0%, homes sold faster (54 days then) and the median sale price fell 17% to $127,945. Overall, Fairmont is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Shickley 68436 (0% sold over asking) or Milligan 68406 (0% sold over asking).

Nearby markets

Exeter 68351 — /sq ftGeneva 68361Seller’s market $104 /sq ftGrafton 68365 — /sq ftMilligan 68406Buyer’s market $120 /sq ft Browse all markets →

Where Fairmont is

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Questions about Fairmont real estate

Is Fairmont a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Fairmont, NE 68354 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 Fairmont?

The typical home went under contract in 43 days in the latest three months.

Do homes in Fairmont sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.

What are property taxes in Fairmont?

About 0.99% of a home’s value a year in Fillmore County, or roughly $3,960 on a $400,000 home.

What is the median home price in Fairmont?

The median sale price was $127,945 in the three months ending August 31, 2026, about $104 per square foot.

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