Fairmont housing market
Typical home value
$167K
▲ 2.3% 1 yr
Typical rent
$1,171/mo
▲ 3.8% 1 yr
12-month forecast
+0.8%
#420 of 546 metros
Gross rent yield
8.4%
#30 of 546 · U.S. 6.3%
Days to pending
37 days
1 yr
Listings with a price cut
28%
▼ −0.5 pts 1 yr
Key takeaways
- 1The typical home is worth $167,386, up 2.3% in a year and up 18% over five years.
- 2Zillow forecasts home values rising 0.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,171/mo (+3.8% YoY), a 8.4% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $920/mo in principal and interest, $251 less than renting.
- 5Homes go under contract in 37 days; 28% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 59/100, #47 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Fairmont compares
| Measure | Fairmont | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.3% | +1.2% | #270 |
| Home value, 5-yr change | +18.2% | +19.7% | |
| 12-month forecast | +0.8% | +1.1% | #420 |
| Rent, 1-yr change | +3.8% | +2.7% | #217 |
| Gross rent yield | 8.4% | 6.3% | #30 |
| Price-to-rent ratio | 11.9 | 15.8 | |
| Mortgage P&I on typical home | $920 | $2,012 | |
| Days to pending | 37 | 56 |
Cities in the Fairmont metro
1 cities with home value and rent data.
| Fairmont | $193K | ▲ 3.0% | $1,170 | ▲ 4.3% | 7.3% |
Run the numbers
Rental property calculator
Cash flow on a typical Fairmont rental ($167K, $1,171/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Fairmont home.
Rent vs buy
Is it cheaper to rent or buy in Fairmont?
Other West Virginia metros
Charleston, WV
$147K home$1,210 rent9.9% yield
▲ 1.1% 1 yr
Morgantown, WV
$225K home$1,354 rent7.2% yield
▲ 3.4% 1 yr
Beckley, WV
$150K home$1,041 rent8.3% yield
▲ 2.0% 1 yr
Clarksburg, WV
$154K home$1,028 rent8.0% yield
▲ 1.7% 1 yr
Parkersburg, WV
$169K home$1,063 rent7.6% yield
▲ 0.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.