Fairfax MN Multi Family for Sale

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Fairfax Real Estate

The median home value in Fairfax, MN is $160,750. This is higher than the county median home value of $118,900. The national median home value is $219,700. The average price of homes sold in Fairfax, MN is $160,750. Approximately 59.52% of Fairfax homes are owned, compared to 26.12% rented, while 14.37% are vacant. Fairfax real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairfax real estate agent to arrange a tour today!

Fairfax, Minnesota has a population of 992. Fairfax is more family-centric than the surrounding county with 30.17% of the households containing married families with children. The county average for households married with children is 29.26%.

The median household income in Fairfax, Minnesota is $46,081. The median household income for the surrounding county is $56,721 compared to the national median of $57,652. The median age of people living in Fairfax is 50.2 years.

Fairfax Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 29.4 inches per year, with 35.5 inches of snow per year.

Fairfax Real Estate Market Conditions

  • Median sales price

    $160,750
    6.57% change since last quarter
  • # Active listings

    4
    30-day change

Fairfax Schools and Demographics

Education near Fairfax, MN

Metric City County
High School Graduates 79.48 88.81
College Degree - 2 year 6.79 12.35
College Degree - 4 year 10.33 14.52
Graduate Degree 0.41 2.32
Expenditures per Student 12,330 14,053
Students per Teacher 13.5 13.2

Elementary Schools near Fairfax, MN

School Grades Students P/T Ratio ZIP
Cedar Mountain Elementary School PK - 05 221 11.7 55333
G.F.W. El. PK - 04 276 13.4 55335
Starland Elementary School KG - 08 14 13.5 55335

Middle Schools near Fairfax, MN

School Grades Students P/T Ratio ZIP
G.F.W. Mid. 05 - 08 221 12 55332

Ungraded Schools near Fairfax, MN

School Grades Students P/T Ratio ZIP
Buffalo Lake-Hector Secondary School 06 - 12 282 12.3 55342
Cedar Mountain Secondary School 06 - 12 258 14 56266

Demographics near Fairfax, MN

Metric City County
Neighborhood Type Small Town
Population 992 14,798
Population Density 757 15
Median Age 50.2 44.4
People per Household 2 2.3
Median Household Income 46,081 56,721
Average Income per Capita 24,736 31,215