Is Fairmount a buyer's or seller's market right now?

Fairmount is currently a balanced market with 3 months of supply. 100% of homes sell above asking price. The Ridley Sell Score for Fairmount is 53/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Fairmount?

The median home price in Fairmount is $141,400, down 43.6% year-over-year. The median price per square foot is $109. Homes sell in a median of 77 days with a sale-to-list ratio of 101.1%.

How much does it cost to sell a home in Fairmount, North Dakota?

On a $141,400 home in Fairmount, a traditional listing agent charges around $4,242 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $11,312 or more. With Ridley Essentials ($999) you save $3,243, and with Ridley Pro ($3,499) you save $743 while getting full agent support.

How does Ridley's flat fee compare to a traditional Fairmount agent?

A traditional Fairmount listing agent typically charges 3% of the sale price — about $4,242 on a $141,400 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $3,243–$743 compared to a traditional agent.

How long does it take to sell a home in Fairmount?

The median home in Fairmount currently spends 77 days on the market before going under contract. At a 101.1% sale-to-list ratio, sellers are getting very close to or above asking price. Only 33.3% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in North Dakota?

No. North Dakota does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $141,400 home, that could save you up to $743.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in North Dakota. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $4,242 commission.

National/North Dakota

Fairmount, ND

Is Now a Good Time to Sell in Fairmount, North Dakota?

The median home in Fairmount sells for $141,400 with prices down 43.6% year-over-year. The average seller pays $4,242 in commissions — Ridley’s flat fee saves you $743.

Fairmount Real Estate Market Conditions — March 2026

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Fairmount market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

3 months of supply — near the balanced threshold of 5 months. North Dakota average is 1.9.

Price MomentumFavors buyers

Prices down 43.6% year-over-year — vs. +6.9% statewide.

Seller LeverageFavors sellers

Homes selling at 101.1% of asking — sellers are getting 1.1% above list on average. North Dakota average is 97%.

Bidding ActivityFavors sellers

100% of homes selling above list price — 871% above the North Dakota average of 10.3%.

Sale SpeedNeutral

77 median days on market — 5 days slower than the North Dakota average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 9.2% statewide.

Price StabilityFavors buyers

33.3% of listings have dropped their price — accurate initial pricing is critical. North Dakota average is 9.5%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$141,400

-43.6%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$109

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

101.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

100%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

33.3%

Pricing matters

12-Month Price Trend

$210,000 → $141,400

▼32.7%

$250K$200K$150K$100K$50K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Fairmount — delivered monthly.

Your savings

How much can you save selling your home in Fairmount?

The average Fairmount homeowner saves $743 by selling with Ridley instead of paying the traditional 3% listing commission on a $141,400 home.

$0Estimated savings

That covers your moving costs — save 0.5% of your home value

Your Fairmount home value

$141,400

$50,000$10M

Traditional Agent (3%)

$4,242

Ridley Pro (flat fee)

$3,499

Ready to sell in Fairmount?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Fairmount?

The total cost to sell a house in Fairmount in 2026 ranges from $999 with Ridley Essentials to approximately $4,242 with a traditional 3% commission on a $141,400 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$4,242	$3,499	$999	$0
Buyer agent	$3,9592.8% avg	$2,828~2% avg	$2,828~2% avg	$3,9592.8% avg
Closing costs (~1.5%)	$2,121	$2,121	$2,121	$2,121
Total cost	$10,322	$8,448	$5,948	$6,080
Net proceeds	$131,078	$132,952	$135,452	$135,320
You save	—	$743	$3,243	$4,242No support