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According to statistics, the population in Fairmont, WV amounts to 18,575, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $39,759, shifting growth 3% from the past year, and the average property value in Fairmont, WV growth 6% to $109,300 throughout the year.
|Number Of Employees||8,383|
|Median Property Value||$109,300|
The average household income in Fairmont, WV grew from $38,566 to $39,759 in the past year. This data is an estimate based upon 7,490 households in Fairmont, WV . The chart below presents how household income is distributed in Fairmont, WV in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Fairmont, WV shifted from $103,600 to $109,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Fairmont, WV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Fairmont, WV properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fairmont, WV compared to median property taxes around the country. The prevalent amount of property taxes in Fairmont, WV equals $800, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed apartments||$99,560||N/A|
|3 bed apartments||$148,950||-29.6%|
|4+ bed apartments||$124,666||-61.3%|
During Aug 2021, the average price for an apartment in/near Fairmont, WV decreased by 34.4% to $134,380.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $99,560. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $148,950. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $124,666 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$153,225||-22.9%|
|Townhouses for sale||$249,500||N/A|
|Apartments for sale||$59,000||N/A|
While assessing the property pricing Fairmont, WV, you can note that it remains flat with a price tag of $59,000. According to statistics, average house is still $153,225 with no significant changes this month. Value of the townhouses didn’t change, the price still starts at $249,500.
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