Fairmont, MO 63474 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fairmont, MO—63474

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

N/A

Household Income

$61,200

71.9% YoY Growth

Days on Market

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Fairmont, MO

Fairmont, MO lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Fairmont, MO

Fairmont, MO lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.5%

2 Bedrooms

9.1%

3 Bedrooms

72.7%

4 Bedrooms

12.7%

Property Listings — Fairmont, MO

Fairmont, MO lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — Fairmont, MO

As of the latest ACS Survey released in 2023, Fairmont, MO has a population of 539, which has increased by 29.3% over the past 5 years. Fairmont, MO is a popular place for families, as children make up 30.8% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	539	29.3%
% Under 18	30.8%	27.3%
% Seniors	13.2%	-40.3%
% WFH	1.4%	-89.6%
% w/ College Degree	13.1%	142.6%

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As of the latest ACS Survey released in 2023, Fairmont, MO is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Fairmont, MO is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Fairmont, MO, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.7%	-8.3%
% Black	0.0%	N/A
% Hispanic	0.0%	N/A
% Asian	0.0%	N/A
% Foreign Born	0.0%	-100.0%

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Mortgage and Risk — Fairmont, MO

According to HUD data as of 2023, there were 8 mortgage originations in Fairmont, MO, of which 38.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 62.0% above 90% LTV (very high). This implies large mortgage risk in Fairmont, MO. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	8
% Conventional Loans	38.0%
% Government Loans	62.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	25.0%

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Rentals and Section 8 — Fairmont, MO

Fairmont, MO lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	13
Total Units Section 8	13
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$630
2 Bedroom	N/A	N/A	$820
3 Bedroom	N/A	N/A	$1,090
4 Bedroom	N/A	N/A	$1,220

Fairmont, MO—63474

Key Metrics at a Glance

Home Price Trends — Fairmont, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fairmont, MO

% of Rental Stock

Property Listings — Fairmont, MO

Demographics — Fairmont, MO

Race and Ethnicity

Mortgage and Risk — Fairmont, MO

Mortgages

Rentals and Section 8 — Fairmont, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Fairmont, MO

Home Price to Income Ratio

Fairmont, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Luray, MO

Williamstown, MO

Prospect Grove, MO

Kahoka, MO

Knox City, MO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$61,200

Fairmont, MO—63474

Key Metrics at a Glance

Home Price Trends — Fairmont, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fairmont, MO

% of Rental Stock

Property Listings — Fairmont, MO

Demographics — Fairmont, MO

Race and Ethnicity

Mortgage and Risk — Fairmont, MO

Mortgages

Rentals and Section 8 — Fairmont, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Fairmont, MO

Home Price to Income Ratio

Fairmont, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Luray, MO

Williamstown, MO

Prospect Grove, MO

Kahoka, MO

Knox City, MO

Frequently Asked Questions

What is the average home price in Fairmont, MO 63474?

How have home prices in Fairmont, MO 63474 changed over the past year?

What is the home price projection for Fairmont, MO 63474?

What are the demographics of Fairmont, MO 63474?

How long does it take homes to sell in Fairmont, MO 63474?

What is the average rent price in Fairmont, MO 63474?