House Prices

House Prices & Home Values Fairfax, MN 2026


Average Data

average house price$483,609
average size per house2292 ft²
average price per ft²212 $ / ft²

04/05/2026 - The value range (VR) for house prices in Fairfax, MN is $138/ sqft to $138/ sqft. An average home with 2292 sqft costs approximately $316,296 to $316,296. Fairfax, MN includes 1 ZIP codes and it is located in Renville county. The lowest prices are found in ZIP 55332, while the highest are in ZIP 55332. The average price per sqare feet is $212. Our analysis is based on 49 property listings.

Avergage prices by ZIP codes Fairfax

55332143 $ / ft²




Historical development of home values in Fairfax

Year Estimated value (USD) Change vs. 2025
2010 $224,597 -53.6%
2011 $215,912 -55.4%
2012 $215,330 -55.5%
2013 $223,379 -53.8%
2014 $234,486 -51.5%
2015 $246,521 -49.0%
2016 $259,386 -46.4%
2017 $273,386 -43.5%
2018 $288,500 -40.3%
2019 $301,878 -37.6%
2020 $317,483 -34.4%
2021 $361,103 -25.3%
2022 $420,965 -13.0%
2023 $443,927 -8.2%
2024 $469,609 -2.9%
2025 $483,609 0.0%

Graph: estimated home values in Fairfax over time (USD)



Example: 100% financing house in Fairfax

Loan amount: $483,609

Interest rate: 6.00%

Fixed monthly payment: $2,899.48

Breakdown in the 1st month:
Interest portion: $2,418.05  –  Principal portion: $481.44

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $28,854.99 $5,938.78 $477,670.22
2 $28,488.70 $6,305.07 $471,365.16
3 $28,099.82 $6,693.95 $464,671.21
4 $27,686.95 $7,106.82 $457,564.39
5 $27,248.61 $7,545.15 $450,019.24
6 $26,783.25 $8,010.52 $442,008.73
7 $26,289.17 $8,504.59 $433,504.14
8 $25,764.63 $9,029.13 $424,475.00
9 $25,207.73 $9,586.03 $414,888.97
10 $24,616.49 $10,177.28 $404,711.70
11 $23,988.78 $10,804.99 $393,906.71
12 $23,322.35 $11,471.42 $382,435.29
13 $22,614.82 $12,178.95 $370,256.35
14 $21,863.64 $12,930.12 $357,326.23
15 $21,066.14 $13,727.62 $343,598.61
16 $20,219.45 $14,574.31 $329,024.30
17 $19,320.54 $15,473.22 $313,551.07
18 $18,366.19 $16,427.58 $297,123.50
19 $17,352.97 $17,440.79 $279,682.71
20 $16,277.26 $18,516.50 $261,166.20
21 $15,135.20 $19,658.56 $241,507.64
22 $13,922.71 $20,871.06 $220,636.59
23 $12,635.43 $22,158.34 $198,478.25
24 $11,268.75 $23,525.02 $174,953.23
25 $9,817.78 $24,975.99 $149,977.24
26 $8,277.31 $26,516.45 $123,460.79
27 $6,641.84 $28,151.93 $95,308.86
28 $4,905.49 $29,888.28 $65,420.59
29 $3,062.04 $31,731.72 $33,688.86
30 $1,104.90 $33,688.86 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Fairfax, MN


1500 sqft3900 sqft
Ø selling price$384,781$818,533
Ø fast selling$349,800$736,679
Ø high price sale$419,761$900,386

In 2026, houses in Fairfax, MN will be offered at an average price of $212 per square foot. A 1,500 sqft home priced at $384,781 is 23.71% more expensive per square foot than a 3,900 sqft home priced at $818,533. Home prices in Fairfax, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $566,676. Sellers who can wait longer may achieve a higher price of up to $692,604.

FAQ – Home Values in Fairfax

What is the median home value in Fairfax in 2026?

In 2026, the typical home value in Fairfax is about $483,609 for an average home size of 2292 square feet. This corresponds to an average price of roughly $212 per square foot.

What is the average cost per square foot in Fairfax?

In 2026, homes in Fairfax sell for an average of around $212 per square foot, with a typical range between $138 and $138 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Fairfax is about 2292 square feet, with an estimated 2026 value around $483,609.



Locations close to Fairfax, MN

Franklin, MN128 $ / ft²
Gaylord, MN131 $ / ft²
Gibbon, MN154 $ / ft²
Excelsior, MN282 $ / ft²
Elk River, MN160 $ / ft²
Eden Valley, MN419 $ / ft²
  imprint  Privacy