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Housing in Fairmount

106 homes sold in Fairmount in the last year, at a typical $251K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fairmount homes are listed.

Homes sold
106
June 2025 to May 2026
Typical sale price
$251K
median, weighted by sales
Price per square foot
$187
New York $434
Paid vs. asking
106.1%
77% sold over asking
For sale now
14
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 98% of Fairmount’s sales, at a typical $252K

106 homes sold in the year to May 2026.

Houses$252K

typical sale · 104 sold in 12 months

Per square foot
$187NY $316
Days to sell
19
Sold over asking
78%
Listings with a price cut
18%
Fewer sales

Townhouses: 2 sold, typical $226K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

106 sales in the last year, against 160 in 2021 and a low of 92 in 2023. The typical sale went from $120K in 2016 to $251K.

Homes soldTypical sale price
050100150200$150K$200K$250K$300K2012: 112 sold, typical $115K’122013: 126 sold, typical $120K2014: 133 sold, typical $114K’142015: 123 sold, typical $117K2016: 135 sold, typical $120K’162017: 150 sold, typical $128K2018: 152 sold, typical $132K’182019: 148 sold, typical $141K2020: 151 sold, typical $151K’202021: 160 sold, typical $167K2022: 116 sold, typical $185K’222023: 92 sold, typical $215K2024: 111 sold, typical $236K’242025: 118 sold, typical $240KLast 12 months: 106 sold, typical $251KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Fairmount

Houseat $187 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Fairmount homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Fairmount are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Fairmount’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 106 sales.

If you’re buying in Fairmount

  • Shop in May. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (49% over asking).
  • Less room to haggle. Only 18% of listings cut their price, against 28% before the pandemic.
  • Expect to bid over asking. Buyers paid 106.1% of the list price on average; 77% paid over.
  • Move fast on good ones. Three quarters of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 17 a month), but September is the most competitive: 68% of September sales close over asking. February has the least competition (41%) but only about 8 new listings.

New listings a monthShare sold over asking
0510152027%53%80%Sweet spotJan: 6 new listings a month, 41% sold over asking, 59 days to sellJFeb: 8 new listings a month, 41% sold over asking, 57 days to sellFMar: 12 new listings a month, 47% sold over asking, 72 days to sellMApr: 14 new listings a month, 55% sold over asking, 60 days to sellAMay: 16 new listings a month, 49% sold over asking, 53 days to sellMJun: 17 new listings a month, 52% sold over asking, 34 days to sellJJul: 16 new listings a month, 61% sold over asking, 32 days to sellJAug: 17 new listings a month, 53% sold over asking, 32 days to sellASep: 13 new listings a month, 68% sold over asking, 28 days to sellSOct: 11 new listings a month, 55% sold over asking, 40 days to sellONov: 8 new listings a month, 49% sold over asking, 38 days to sellNDec: 6 new listings a month, 45% sold over asking, 51 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than New York

Fairmount now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price77%37%62%41%
Gone within two weeksShare of homes under contract within 14 days73%47%73%26%
Listings with a price cutShare of homes for sale that cut their price18%28%27%20%
Price paid vs. askingAverage sale price ÷ list price106.1%98.7%103.3%101%
Days to sellMedian days from listing to contract19512241
Supply

11 homes for sale on a typical day

That’s 1.6 times the 2023 low (6), 65% fewer than in 2017–19 and well under 2012’s 66.

2012: 66 for sale’122013: 61 for sale2014: 50 for sale2015: 53 for sale’152016: 48 for sale2017: 40 for sale2018: 26 for sale’182019: 24 for sale2020: 17 for sale2021: 14 for sale’212022: 10 for sale2023: 6 for sale2024: 10 for sale’242025: 11 for saleLast 12 months: 11 for saleNow
Room to negotiate

1 in 5 listings has cut its price

18% in the last year, against 28% in 2017–19 and 20% across New York.

2015: 23%’152016: 18%2017: 27%2018: 28%’182019: 29%2020: 29%2021: 27%’212022: 18%2023: 18%2024: 22%’242025: 19%Last 12 months: 18%Now
Across New York

Fairmount ranks 13th of 362 busy New York markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Fairmount is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Fairmount home costs about $1,864 a month

Mortgage
Property tax
Insurance
Rent

Price: Fairmount’s typical sale, last 12 months. Property tax at Fairmount’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fairmount is affordable on local pay is on Cost of living.

Before you buy in Fairmount

Five things worth knowing

17

New listings in June

The month with the most choice. January has the fewest, about 6.

Best time to buy
2.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $251K home, about $6,650 a year.

Taxes vs. neighbors
19 min

Typical commute

The average one-way trip to work for people who live in Fairmount.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Solvay, Geddes and Galeville sell for less a square foot

The busier markets within 25 miles of Fairmount, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Onondaga196$324K$18658%25
Geddes170$252K$17760%22
Fairmount106$251K$18777%19
Solvay60$221K$14455%29
Westvale49$274K$18671%19
Galeville47$220K$17972%32
Lakeland28$277K$19543%19

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Fairmount, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fairmount. People who follow the town see it, and so do people comparing Fairmount with their own town. No commission, no listing fee.

Questions about buying a home in Fairmount

What do homes sell for in Fairmount, NY?

106 homes sold in the year to May 2026 at a typical $251K, $187 a square foot.

Is Fairmount a buyer’s or seller’s market?

A seller’s market: 14 homes were for sale in May 2026 and 5 sold, about 2.8 months of supply. Buyers paid 106.1% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Fairmount?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Fairmount?

About 2.7% of a home’s value a year. On a $251K home that’s near $6,650.

Where can I see homes for sale in Fairmount?

Zillow, Redfin, Realtor.com and Homes.com all carry Fairmount’s MLS listings; the search links above open each one filtered to Fairmount.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).