Current Price

$171,793

1 Month Forecast

â–² $183,848

1-Year Forecast *

â–² $198,719

5-Year Forecast *

â–² $224,333

"Is it a good time to buy homes in Fairfax?" "Does investing in real estate in Fairfax (Minnesota State, Renville County) worth it?" According to our live Forecast System, buying a house in Fairfax is a good short-term (1-year) investment*. The Fairfax average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Fairfax" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Fairfax in Minnesota State, Renville County. If you are looking for homes for sale with good flipping profit, Fairfax can be a profitable property investment option. The median price of an average house in Fairfax was 171,793 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Fairfax" area is 224,333 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +30.58% meaning that investing 100000 USD today may yield a profit of 30,583 USD by 2031.

Current Median Listing Price: 171,793 USD Median Listing Price Per Square Foot: 95 USD

Fairfax Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Fairfax (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Fairfax Price Target

Fairfax median home price target in 12 months: $198,719* (upside of 15.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $184,501 $182,514 $181,979 $184,501
2024 $166,665 $171,793 $166,665 $171,793
2023 $160,700 $166,472 $160,700 $171,501
2022 $156,828 $159,751 $156,828 $164,902
2021 $134,104 $155,509 $134,104 $155,509
2020 $121,312 $132,327 $121,312 $132,327
2019 $111,244 $120,792 $111,244 $120,792
2018 $107,372 $110,351 $107,372 $110,351
2017 $96,864 $105,862 $96,864 $105,862
2016 $92,339 $96,546 $92,339 $96,546
2015 $88,154 $91,893 $88,154 $91,997
2014 $82,829 $87,838 $82,095 $87,838
2013 $74,291 $83,435 $74,291 $83,724
2012 $66,826 $73,147 $66,775 $73,147

Questions & Answers about the Fairfax Housing Market Forecast

How much does an average home cost in Fairfax today?

The value of an average home (the listing price) in Fairfax is $171,793 USD.

What is the average price per square foot in Fairfax?

According to Walletinvestor the median price per square foot in Fairfax is 95 USD.

Will the median listing price of homes in Fairfax grow / rise / go up?

Yes. The Fairfax home prices may rise from 171,793 USD to 198,719 USD in one year.

Is it profitable to invest in Fairfax homes?

Yes. The long-term profit potential is +15.67% in one year.

Will Fairfax house prices fall / drop?

No. See above.

What is the predicted price of a Fairfax home in 2030?

The predicted home sales price of a Fairfax home in 2030 in Fairfax is 212,001 USD.

What is the predicted price of a Fairfax home in 2035?

The predicted home sales price of a Fairfax home in 2035 in Fairfax is 253,164 USD.

Will real estate prices decrease in Fairfax?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Fairfax is the 13351. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Renville, Fairfax decreased, looking at the past 12 months.

According to Walletinvestor's Fairfax real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.943% to 171,793 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.244% in 2021
  • 17.514% in 2022
  • 14.874% in 2023
  • 14.154% in 2024
  • 13.744% in 2025
  • 17.364% in 2026

Based on our Fairfax real estate market research and report the predicted sales prices will increase by 328.887% in the next 10 years.

Over the last 12 months, the value of homes in Fairfax fluctuated: increasing 2 times and decreasing 2 times.

Fairfax (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Fairfax Housing Market Forecast with Real Estate Prices for 2025
August 2025 183848 169140 198556
September 2025 185192 169636 200748
October 2025 186546 174607 198485
November 2025 187910 171374 204446
December 2025 189284 172059 206509
Fairfax Housing Market Forecast with Real Estate Prices for 2026
January 2026 190668 173317 208019
February 2026 191868 176902 206834
March 2026 193271 176650 209892
April 2026 194684 177552 211816
May 2026 196108 183164 209051
June 2026 197541 186479 208604
July 2026 198719 184212 213225
August 2026 200172 181756 218588
September 2026 201635 187723 215548
October 2026 203110 187470 218749
November 2026 204595 193342 215847
December 2026 205284 192762 217806
Fairfax Housing Market Forecast with Real Estate Prices for 2027
January 2027 204234 185444 223023
February 2027 203189 185309 221070
March 2027 202150 184765 219535
April 2027 201139 185450 216828
May 2027 202335 184934 219735
June 2027 203814 187101 220527
July 2027 205304 190317 220291
August 2027 206805 186952 226658
September 2027 208317 197485 219150
October 2027 209840 193683 225998
November 2027 210324 191605 229043
December 2027 209248 189788 228708
Fairfax Housing Market Forecast with Real Estate Prices for 2028
January 2028 208178 196104 220252
February 2028 207113 190751 223475
March 2028 206664 194265 219064
April 2028 206536 191872 221200
May 2028 206777 191268 222285
June 2028 207791 196362 219219
July 2028 209310 193402 225217
August 2028 210840 198822 222858
September 2028 211386 198492 224281
October 2028 211669 196640 226697
November 2028 210869 191258 230480
December 2028 210400 192937 227863
Fairfax Housing Market Forecast with Real Estate Prices for 2029
January 2029 210077 189279 230874
February 2029 210918 191513 230322
March 2029 211913 194748 229078
April 2029 212595 195800 229390
May 2029 214150 202157 226142
June 2029 213091 193700 232482
July 2029 212001 198433 225569
August 2029 211609 195739 227480
September 2029 211226 192215 230236
October 2029 211397 191103 231691
November 2029 211846 191509 232184
December 2029 213395 200165 226626
Fairfax Housing Market Forecast with Real Estate Prices for 2030
January 2030 214956 197114 232797
February 2030 216527 195524 237530
March 2030 218110 201970 234250
April 2030 219705 198174 241236
May 2030 221311 209582 233041
June 2030 222704 202661 242748
July 2030 224333 213116 235549
August 2030 225973 210381 241565
September 2030 227625 209870 245380
October 2030 229289 212093 246486
November 2030 230656 208052 253260
December 2030 232343 212361 252324
Fairfax Housing Market Forecast with Real Estate Prices for 2031
January 2031 234041 219063 249020
February 2031 235752 222079 249426
March 2031 237476 215866 259086
April 2031 238276 226124 250428
May 2031 237057 224493 249621
June 2031 235845 218157 253533
July 2031 234639 222203 247075
August 2031 233465 213621 253310
September 2031 234853 213246 256459
October 2031 236570 213859 259281
November 2031 238300 218282 258317
December 2031 240042 222279 257805
Fairfax Housing Market Forecast with Real Estate Prices for 2032
January 2032 241797 228740 254854
February 2032 243565 228220 258909
March 2032 244126 222399 265853
April 2032 242878 218833 266922
May 2032 241635 225687 257583
June 2032 240399 227178 253621
July 2032 239879 224047 255711

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.