Minneapolis and St. Louis Depot · Photo: McGhiever · CC BY-SA 3.013 homes sold in Fairfax in the last year, at a typical $116K
Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Fairfax homes are listed.
Every place Fairfax homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fairfax.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Fairfax’s sales, at a typical — (year to May 2026)
13 homes sold in the year to September 2026.
Fewer homes sell than before 2023, at 1.5 times the 2016 price
13 sales in the last year, against 21 in 2022 and a low of 10 in 2015. The typical sale went from $76K in 2016 to $116K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Owning the typical Fairfax home costs about $749 a month
Price: Fairfax’s typical sale, last 12 months. Property tax at Fairfax’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fairfax is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $116K home, about $1,730 a year.
Taxes vs. neighborsSchools
The schools grade for Fairfax, from test results, graduation and how much students grow.
Schools in FairfaxCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Fairfax, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fairfax. People who follow the town see it, and so do people comparing Fairfax with their own town. No commission, no listing fee.
Questions about buying a home in Fairfax
What do homes sell for in Fairfax, MN?
13 homes sold in the year to September 2026 at a typical $116K, $75 a square foot.
Is Fairfax a buyer’s or seller’s market?
A seller’s market: 5 homes were for sale in September 2026 and 2 sold, about 2.5 months of supply. Buyers paid 91.3% of asking on average.
How much are property taxes in Fairfax?
About 1.5% of a home’s value a year. On a $116K home that’s near $1,730.
Where can I see homes for sale in Fairfax?
Zillow, Redfin, Realtor.com and Homes.com all carry Fairfax’s MLS listings; the search links above open each one filtered to Fairfax.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).