Fairmont, WV Real Estate

According to census data in the year 2000 there were 9,808 housing units in Fairmont. This represents a 1.5% decline from 9,958 in 1990.

Of those housing units, 9,782 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.

Homeownership rate in Fairmont is about 62.9%. Fairmont's vacancy rate, including seasonal lodging, is about 13.7%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Fairmont were built after 1948.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom16%
Two Bedrooms32.10%
Three Bedrooms37.50%
Four Bedrooms11.70%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1947
Median Value of occupied units$62,000
Median Price asked for vacant units$41,800

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1950
Median Monthly Rent asked for vacant units$337

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage4.30%
Home Equity Loan3.90%
Simple Mortgage40%
Debt Free51.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%