Fairmount, ND
Full City Profile · North Dakota · Richland County County
3.5
/5.0
B+
Good
316
Population
958/sq mi density
$55,313
Median Income
$35,974 per capita
$79,300
Home Value
$147,593 Zillow
$567
Median Rent
16.7% income on rent
43°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$55,313 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$79,300 home value, $567/mo rent
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher
Housing Overview
Median Home Value
$79,300
72% below
US avg: $281,900
Median Rent
$567/mo
51% below
US avg: $1,163/mo
Homeownership Rate
89.4%
37% above US avg (65.4%)
Total Housing Units
199
Median year built: 1959
Home Value by Source
Census Median
$79,300
Zillow (ZHVI)
$147,593
Redfin Median Sale
$118,500
Median Sale Price
$118,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.4%
Owner-Occupied
10.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$769/mo
1 Bedroom
$795/mo
2 Bedroom
$965/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,588/mo
Census median rent:
$567/mo
Market Indicators (Redfin)
Median Sale Price
$118,500
Median Days on Market
113 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
$151
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
16.7%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
89.4%
Complete Housing Data
Home Values
| Census Median Value | $79,300 |
| Zillow Home Value (ZHVI) | $147,593 |
| Redfin Median Sale | $118,500 |
| Median Sale Price | $118,500 |
| Price Per Sq Ft | $151 |
Rent
| Census Median Rent | $567 |
| FMR Studio | $769 |
| FMR 1-Bedroom | $795 |
| FMR 2-Bedroom | $965 |
| FMR 3-Bedroom | $1,297 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 113 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $151 |
Ownership & Stock
| Owner-Occupied | 89.4% |
| Renter-Occupied | 10.6% |
| Homeownership Rate | 89.4% |
| Total Housing Units | 199 |
| Median Year Built | 1959 |
| Rent Burden | 16.7% |