Fairmont, WV Housing Market
AI-powered market intelligence for the Fairmont, WV metro area.
PropertyIQ Scores
Fairmont, WV Market Analysis
Market Overview
Fairmont’s PropertyIQ Score of 57 out of 100 puts it in moderate territory. The score drivers are mixed: 12-month home value momentum is a positive 6.31%, but three-month momentum has slipped to -0.85%. Median days on market is 51 days, and 18.7% of listings have had a price cut. These signals suggest a market that has seen annual appreciation but is cooling into a more balanced pace. The median home value is $168,926, below the state average of $178,702, while the rent index is $1,184, well above the state average of $850.
Fairmont’s economic comparison is generally supportive. The unemployment rate is 4.2%, matching the state average, and median household income is $67,537, about $9,600 above the statewide $57,917. That means local incomes are higher relative to home prices than the state norm, which may sustain demand even as price cuts and market times point to more negotiation. There are 90 homes for sale. Population growth is not available in the dataset, leaving a gap in the demand picture.
Key Trends
First, price momentum is softening. The 12-month momentum of 6.31% shows annual growth, but the -0.85% three-month momentum points to recent weakness. The dataset lists a home value year-over-year change of $39, which appears inconsistent with the 12-month momentum and should be treated cautiously. The median home value remains below the state average.
Second, the rental market stands out. Fairmont’s rent index of $1,184 is about $334 above the state average of $850, or roughly 39 percent higher. Because local home values are lower than the state average, this may be relevant for investors evaluating rental income.
Third, market pace is shifting toward buyers. Homes take a median of 51 days to sell, and 18.7% of listings have cut their price. With 90 homes for sale, buyers have some choice and negotiating room, while sellers need realistic pricing.
Fourth, affordability is supported by income. Median household income is $67,537, above the state average of $57,917, and unemployment matches the state at 4.2%. This provides a relatively stable economic base despite cooling price momentum.
Who Is This Market For
Fairmont is likely most attractive to first-time buyers and primary homeowners. The median home value of $168,926 is below the state average of $178,702, and the median household income of $67,537 is above the state average of $57,917, making homeownership more accessible than the state benchmark. The 51-day median time on market and 18.7% price-cut share also give buyers more negotiating power.
Rental investors may also be drawn to Fairmont because the rent index of $1,184 is significantly above the state average of $850, while home values remain moderate. Appreciation-focused investors and short-term flippers should note the -0.85% three-month momentum and cooling signals. The lack of population growth data makes long-term demand harder to assess.
Outlook
The near-term outlook is for a stabilizing or slightly cooling market. The positive 12-month home value momentum of 6.31% indicates annual growth, but the -0.85% three-month momentum, 51-day median days on market, and 18.7% price-cut share point to softer conditions recently. With 90 homes for sale, buyers are unlikely to face intense competition, and sellers may need to price carefully. The rental market’s above-state rent index and local income advantage provide some stability. Unemployment at 4.2% and median household income of $67,537 support a steady base, but the absence of population growth data limits longer-term demand conclusions.
AI-generated analysis based on current market data. Last updated August 22, 2026.
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Fairmont, WV market data
Fairmont, WV Housing Market Overview
Fairmont, WV's median home value is $169K, up 6.3% over the past year. Homes here sell in a median 51 days. Its PropertyIQ Score of 57 sits right around the state average of 50.
PropertyIQ tracks the Fairmont, WV housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this WV market is set to perform against its state benchmark.
The South Atlantic region continues to attract domestic migration with its combination of job growth, favorable tax environments, and year-round climate. Markets range from rapidly appreciating tech corridors to established retirement destinations with strong rental demand. Within the South Atlantic, Fairmont, WV's PropertyIQ Score of 57 tracks near the South Atlantic norm.
Each month, PropertyIQ updates its score for Fairmont, WV using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 6.3% over the past year.
Use PropertyIQ's interactive analytics to compare Fairmont, WV against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Fairmont, WV a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Fairmont, WV currently scores 57, a steady-momentum reading that leaves it tracking close to its state average. For buyers, a balanced market means neither side holds a decisive edge, giving you time to shop carefully without racing the clock. Backing that up, the median home value here is $169K, up 6.3% over the past year. So whether Fairmont, WV is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Fairmont, WV?
Fairmont, WV's PropertyIQ Score is 57, indicating steady momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 57 places Fairmont, WV above its state benchmark.
Are home prices in Fairmont, WV rising or falling?
Home prices in Fairmont, WV are rising. Over the past year, the median home value increased 6.3%, reaching $169K. Over the latest three months, values slipped 0.9%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Fairmont, WV's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Fairmont, WV?
In Fairmont, WV, homes sell in a median of 51 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 19% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Fairmont, WV market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.