USA.com / West Virginia / Fairmont, WV / Housing

Fairmont, WV Housing

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As of 2010-2014, median price of a house in Fairmont is $92,100, which is lower than the state average of $100,200 and is much lower than the national average of $175,700. The Fairmont median house value has grown by 48.55% since 2000. The growth rate for the price of a house in Fairmont is higher than the state average rate of 37.64% and is about the same as the national average rate of 46.91%. The median year that a house in Fairmont was built is 1950, which is older than the median year for a house built in the state which is 1973 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 5,150 Owner Occupied Houses in Fairmont, WV, #125

Fairmont, WV	92,100 USD
West Virginia	100,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #98

Fairmont, WV	48.55%
West Virginia	37.64%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Fairmont, WV	West Virginia	U.S.
Total Housing Units	8,924, see rank, 100%	883,197	132,741,033
Occupied Housing Units	7,598, 85.14%, see rank	84.05%	87.55%
Owner Occupied	5,150, 57.71%, see rank	61.32%	56.34%
Renter Occupied	2,448, 27.43%, see rank	22.73%	31.21%
Vacant Housing Units	1,326, 14.86%, see rank	15.95%	12.45%
For Rent	272, 3.05%, see rank	1.96%	2.34%
For Sale Only	51, 0.57%, see rank	1.25%	1.20%
Rented or Sold, Not Occupied	212, 2.38%, see rank	1.23%	0.92%
For Seasonal, Recreational, or Occasional Use	103, 1.15%, see rank	5.10%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	688, 7.71%, see rank	6.38%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #284

Fairmont, WV	West Virginia	U.S.
1950	1973	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Fairmont, WV	%	West Virginia	U.S.
Owner-Occupied Units	5,150	100%	541,607	74,787,460
With a Mortgage	2,572	49.94%, see rank	48.57%	65.58%
Without a Mortgage	2,578	50.06%, see rank	51.43%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Fairmont, WV	925 USD
West Virginia	971 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Fairmont, WV	%	West Virginia	U.S.
$299 or Less	28	1.09%, see rank	0.59%	0.20%
$300 to $499	92	3.58%, see rank	5.60%	1.59%
$500 to $699	428	16.64%, see rank	16.18%	5.01%
$700 to $999	966	37.56%, see rank	30.40%	14.32%
$1,000 to $1,499	700	27.22%, see rank	28.83%	27.90%
$1,500 to $1,999	236	9.18%, see rank	10.91%	20.35%
$2,000 to $2,999	111	4.32%, see rank	6.04%	19.52%
$3,000 or More	11	0.43%, see rank	1.46%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Fairmont, WV	17.70% of the Total Income
West Virginia	19.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Fairmont, WV	%	West Virginia	U.S.
10% or Less	283	11.00%, see rank	10.72%	5.86%
10% to 20%	1,289	50.12%, see rank	41.26%	31.95%
20% to 30%	555	21.58%, see rank	23.52%	27.64%
30% to 40%	162	6.30%, see rank	10.28%	13.74%
40% or More	277	10.77%, see rank	13.74%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Fairmont, WV	353 USD
West Virginia	292 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Fairmont, WV	%	West Virginia	U.S.
$199 or Less	290	11.25%, see rank	21.89%	7.76%
$200 to $299	505	19.59%, see rank	30.80%	14.70%
$300 to $499	1,458	56.56%, see rank	36.51%	34.63%
$500 to $699	238	9.23%, see rank	8.05%	21.16%
$700 or More	87	3.37%, see rank	2.75%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Fairmont, WV	12.80% of the Total Income
West Virginia	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Fairmont, WV	%	West Virginia	U.S.
10% or Less	989	38.36%, see rank	51.65%	40.19%
10% to 20%	880	34.13%, see rank	28.82%	31.47%
20% to 30%	421	16.33%, see rank	9.71%	12.24%
30% to 40%	97	3.76%, see rank	3.57%	5.64%
40% or More	155	6.01%, see rank	5.00%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Fairmont, WV	West Virginia	U.S.
Total Housing Units	8,924, 100%	883,197	132,741,033
1-unit, Detached	6,538, 73.26%, see rank	70.53%	61.65%
1-unit, Attached	156, 1.75%, see rank	2.00%	5.82%
2 Units	664, 7.44%, see rank	2.18%	3.75%
3 or 4 Units	513, 5.75%, see rank	2.80%	4.43%
5 to 9 Units	388, 4.35%, see rank	2.95%	4.78%
10 or More Units	514, 5.76%, see rank	4.17%	13.08%
Mobile Home, Boat, RV, Van, etc.	151, 1.69%, see rank	15.37%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Fairmont, WV	West Virginia	U.S.
Total Housing Units	8,924, 100%	883,197	132,741,033
1 Room	223, 2.50%, see rank	1.48%	1.95%
2 Rooms	39, 0.44%, see rank	1.41%	2.48%
3 Rooms	488, 5.47%, see rank	5.59%	9.13%
4 Rooms	1,336, 14.97%, see rank	15.81%	16.60%
5 Rooms	2,066, 23.15%, see rank	22.26%	20.41%
6 Rooms	1,894, 21.22%, see rank	20.46%	18.06%
7 Rooms	1,371, 15.36%, see rank	13.94%	12.27%
8 Rooms	724, 8.11%, see rank	9.00%	8.48%
9 Rooms or More	783, 8.77%, see rank	10.07%	10.60%
Median Rooms	5.70, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Fairmont, WV	West Virginia	U.S.
Total Housing Units	8,924, 100%	883,197	132,741,033
No Bedroom	234, 2.62%, see rank	1.59%	2.17%
1 Bedroom	812, 9.10%, see rank	7.38%	11.16%
2 Bedrooms	2,868, 32.14%, see rank	28.65%	26.69%
3 Bedrooms	3,875, 43.42%, see rank	46.46%	39.70%
4 Bedrooms	900, 10.09%, see rank	12.87%	16.05%
5 or More Bedrooms	235, 2.63%, see rank	3.04%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Fairmont, WV	West Virginia	U.S.
Total Housing Units	7,598, 100%	742,359	116,211,092
Utility Gas	5,945, 78.24%, see rank	41.48%	48.85%
Bottled, Tank, or LP Gas	37, 0.49%, see rank	4.38%	4.86%
Electricity	1,509, 19.86%, see rank	42.94%	36.68%
Fuel Oil, Kerosene, etc.	36, 0.47%, see rank	3.16%	5.86%
Coal or Coke	0, 0.00%, see rank	0.66%	0.12%
Wood	60, 0.79%, see rank	6.53%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.63%	0.47%
No Fuel Used	11, 0.14%, see rank	0.19%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Fairmont, WV	West Virginia	U.S.
Occupied Units Paying Rent	2,257, 100%	168,111	39,201,928
$199 or Less	69, 3.06%, see rank	3.21%	1.50%
$200 to $299	171, 7.58%, see rank	6.58%	3.18%
$300 to $499	402, 17.81%, see rank	18.98%	7.37%
$500 to $699	734, 32.52%, see rank	32.07%	16.01%
$700 to $999	593, 26.27%, see rank	27.23%	29.17%
$1,000 to $1,499	288, 12.76%, see rank	9.95%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.35%	9.79%
$2,000 or More	0, 0.00%, see rank	0.62%	6.10%
Median	$643, see rank	$630	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Fairmont, WV	West Virginia	U.S.
Occupied Housing Units	7,598, 100%	742,359	116,211,092
No Vehicles Available	885, 11.65%, see rank	8.67%	9.12%
1 Vehicles Available	3,137, 41.29%, see rank	35.56%	33.80%
2 Vehicles Available	2,439, 32.10%, see rank	37.42%	37.48%
3 or More Vehicles Available	1,137, 14.96%, see rank	18.35%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.