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Fairhaven, MN

Full City Profile · Minnesota · Meeker County County

4.1 /5.0
A Great
279 Population 146/sq mi density
$92,143 Median Income $45,179 per capita
$237,100 Home Value $391,459 Zillow
43°F Avg Temperature 270 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.7 / 5.0
$92,143 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$237,100 home value, /mo rent
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher

Housing Overview

Median Home Value
$237,100
16% below
US avg: $281,900
Homeownership Rate
95.8%
46% above US avg (65.4%)
Total Housing Units
153
Median year built: 1986

Home Value by Source

Census Median
$237,100
Zillow (ZHVI)
$391,459
Median Sale Price
$227,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.8%
Owner-Occupied
4.2%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo

Market Indicators (Redfin)

Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$127

Affordability & Housing Stock

Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
95.8%

Complete Housing Data

Home Values

Census Median Value$237,100
Zillow Home Value (ZHVI)$391,459
Median Sale Price$227,000
Price Per Sq Ft$127

Rent

FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market18
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$127

Ownership & Stock

Owner-Occupied95.8%
Renter-Occupied4.2%
Homeownership Rate95.8%
Total Housing Units153
Median Year Built1986
Rent Burden25.3%