Fairmont, MN Metro Area - Investment Guide

Metro Area • 12 Cities • 12 ZIP Codes

Avg Home Value $228,235
Avg Monthly Rent $941
Avg Cap Rate 3.66%
Avg Investability 3.0 ★
Cities 12
ZIP Codes 12

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🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
☀️
WARM MARKET
Fairmont, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
5.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of August 29, 2026 — updated weekly

Best ZIP codes in Fairmont, MN

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Fairmont, MN

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
56027 Elmore MN $76,467 $945 9.64% 4.0 ★
56027 Elmore MN $82,457 $945 8.94% 4.0 ★
56027 Elmore MN $75,204 $945 9.80% 4.0 ★
56027 Elmore MN $79,480 $945 9.27% 4.0 ★
56027 Elmore MN $75,204 $945 9.80% 4.0 ★
56027 Elmore MN $83,300 $945 8.85% 4.0 ★
56027 Elmore MN $83,210 $945 8.86% 4.0 ★
56039 Granada MN $368,159 $945 2.00% 3.0 ★
56171 Sherburn MN $238,382 $963 3.15% 3.0 ★
56013 Blue Earth MN $172,921 $900 4.06% 3.0 ★
56088 Truman MN $218,047 $954 3.41% 3.0 ★
56098 Winnebago MN $182,680 $891 3.80% 3.0 ★
56176 Trimont MN $217,502 $873 3.13% 3.0 ★
56031 Fairmont MN $192,524 $873 3.54% 3.0 ★
56121 Ceylon MN $172,912 $963 4.34% 3.0 ★
56181 Welcome MN $224,578 $873 3.03% 3.0 ★
56039 Granada MN $339,249 $945 2.17% 3.0 ★
56127 Dunnell MN $362,432 $1,215 2.61% 3.0 ★
56088 Truman MN $202,218 $954 3.68% 3.0 ★
56098 Winnebago MN $167,793 $891 4.14% 3.0 ★
56171 Sherburn MN $245,167 $963 3.06% 3.0 ★
56013 Blue Earth MN $183,217 $900 3.83% 3.0 ★
56121 Ceylon MN $158,724 $963 4.73% 3.0 ★
56176 Trimont MN $224,502 $873 3.03% 3.0 ★
56181 Welcome MN $230,899 $873 2.95% 3.0 ★
56031 Fairmont MN $202,575 $873 3.36% 3.0 ★
56127 Dunnell MN $333,183 $1,215 2.84% 3.0 ★
56039 Granada MN $357,067 $945 2.06% 3.0 ★
56171 Sherburn MN $230,331 $963 3.26% 3.0 ★
56013 Blue Earth MN $174,250 $900 4.03% 3.0 ★
56088 Truman MN $217,507 $954 3.42% 3.0 ★
56098 Winnebago MN $181,244 $891 3.83% 3.0 ★
56176 Trimont MN $213,580 $873 3.19% 3.0 ★
56031 Fairmont MN $191,870 $873 3.55% 3.0 ★
56121 Ceylon MN $171,436 $963 4.38% 3.0 ★
56181 Welcome MN $216,499 $873 3.15% 3.0 ★
56039 Granada MN $325,644 $945 2.26% 3.0 ★
56127 Dunnell MN $359,125 $1,215 2.64% 3.0 ★
56088 Truman MN $200,697 $954 3.71% 3.0 ★
56098 Winnebago MN $167,271 $891 4.15% 3.0 ★
56171 Sherburn MN $243,473 $963 3.09% 3.0 ★
56013 Blue Earth MN $182,394 $900 3.85% 3.0 ★
56121 Ceylon MN $159,391 $963 4.71% 3.0 ★
56176 Trimont MN $221,082 $873 3.08% 3.0 ★
56031 Fairmont MN $201,805 $873 3.37% 3.0 ★
56127 Dunnell MN $316,605 $1,215 2.99% 3.0 ★
56181 Welcome MN $228,331 $873 2.98% 3.0 ★
56039 Granada MN $358,588 $945 2.06% 3.0 ★
56171 Sherburn MN $225,998 $963 3.32% 3.0 ★
56013 Blue Earth MN $174,250 $900 4.03% 3.0 ★
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About Fairmont, MN Real Estate Market

The Fairmont, MN metropolitan statistical area (MSA) encompasses 12 cities and 12 ZIP codes. The average home value across the metro is $228,235, with an average monthly rent of $941. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.