316 E 3rd St, Fairmont, MN 56031
Property image
Property image
OFF MARKET

$105,300

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,094 sqft

316 E 3rd St, Fairmont, MN 56031

Est. Refi. Payment $730/mo*
Refinance Your Home
Currently Off Market - Sold Jul 18, 2017 for $29,500

Home Value

Trulia Estimate
$105K
Since last month
Increased$3K (+3%)
Since last year
Increased$9K (+9.7%)
Since last sale
Increased$76K (+256.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +71% in the last 10 years
MonthEstimated value
2026
September 2026$105K
August 2026$102K
July 2026$108K
June 2026$112K
May 2026$112K
April 2026$109K
March 2026$108K
February 2026$105K
January 2026$101K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
316 E 2nd St, Fairmont, MN
0.07
Single-Family Home
$40,752
01/06/26
2
1
1,260
705 E Blue Earth Ave, Fairmont, MN
0.32
Single-Family Home
$67,000
02/18/26
3
1
1,249
226 S Hampton St, Fairmont, MN
0.26
Single-Family Home
$50,000
02/18/26
2
1
945
119 S Orient St, Fairmont, MN
0.26
Single-Family Home
$99,000
09/11/26
3
1
1,779
505 Webster St, Fairmont, MN
0.29
Single-Family Home
$85,000
07/21/26
2
1
875
323 E 9th St, Fairmont, MN
0.43
Single-Family Home
$60,000
01/06/26
3
1
834
1005 N Hampton St, Fairmont, MN
0.52
Single-Family Home
$20,000
12/18/25
2
1
912
525 N Hampton St, Fairmont, MN
0.20
Single-Family Home
$75,000
02/09/26
3
1.5
1,277
906 N Prairie Ave, Fairmont, MN
0.43
Single-Family Home
$139,000
02/17/26
4
1
1,133
517 S Park St, Fairmont, MN
0.44
Single-Family Home
$74,500
12/19/25
2
1
841

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
215 E 4th St, Fairmont, MN 56031
0.11
$113,900
2
1.5
741
Off Market
412 E 4th St, Fairmont, MN 56031
0.09
$108,100
3
1
1,276
Off Market
316 E 2nd St, Fairmont, MN 56031
0.07
$89,900
2
1
1,260
For Sale
216 E 2nd St, Fairmont, MN 56031
0.10
$144,000
4
2
2,023
Off Market
406 N Park St, Fairmont, MN 56031
0.14
$101,000
3
1
1,504
Off Market
307 E 1st St, Fairmont, MN 56031
0.09
$190,300
2
2.5
2,134
Off Market
214 E 5th St, Fairmont, MN 56031
0.15
$166,300
4
3
2,322
Off Market
411 N Park St, Fairmont, MN 56031
0.18
-
3
1
1,890
Off Market
302 E 1st St, Fairmont, MN 56031
0.12
$223,100
5
2.5
2,940
Off Market
412 E 1st St, Fairmont, MN 56031
0.14
$171,000
4
2.5
2,098
Off Market
408 E 6th St, Fairmont, MN 56031
0.20
$50,700
1
1
480
Off Market
525 N Hampton St, Fairmont, MN 56031
0.20
$75,000
3
1.5
1,277
Recently Sold

Local Information

  • Map ViewExplore the area around 316 E 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1935
1,094 sqft
$96/sqft
Garage

About this House

This single-family home is located at 316 E 3rd St, Fairmont, MN. 316 E 3rd St is in Fairmont, MN and in ZIP code 56031. This property has 3 bedrooms, 1 bathroom and approximately 1,094 sqft of floor space. This property has a lot size of 4356 sqft and was built in 1935.
316 E 3rd St, Fairmont, MN 56031 is a 3 bedroom, 1 bathroom, 1,094 sqft single-family home built in 1935. It last sold for $29,500 on Jul 18, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $105,300, with a rent estimate of $1,117/month.

Home Details for 316 E 3rd St

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: CompositionExterior: MetalFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Lot Information

Lot Area: 4356 sqft

Price and Tax history

DateEventPrice
Jul 18, 2017
Source: NorthstarMLS as distributed by MLS GRID #5187879
Sold
$29,500
Jun 22, 2017
Source: Agent Provided
Pending
$52,500
Apr 26, 2017
Source: Agent Provided
PriceChange
$52,500
Price decreased by 12%
Mar 23, 2017
Source: Agent Provided
PriceChange
$59,900
Price decreased by 9%
Feb 13, 2017
Source: Agent Provided
Listed For Sale
$65,900

Market trends in Fairmont

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
72
1MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Fairmont

At least 12 Trulia users voted on each feature.

  • 100 % Say there's holiday spirit

  • 92 % Say kids play outside

  • 90 % Say parking is easy

  • 88 % Say streets are well-lit

  • 88 % Say yards are well-kept

  • 86 % Say it's dog friendly

  • 82 % Say it's quiet

  • 82 % Say car is needed

  • 74 % Say people would walk alone at night

  • 71 % Say there are sidewalks

  • 65 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 53 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 29 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Primo!
    "Quite neighborhood good to have your family grow good schools friendly neighbors clean crisp neighborhood "
    1
    Flag
  • Michelle H.
    "this is one of the best neighborhoods I have ever lived in. everyone is so friendly and there are never any issues with crime "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 316 E 3rd St

  • What is 316 E 3rd St estimated to be worth?
    Trulia's estimated value for 316 E 3rd St in Fairmont, MN is $105,300.
  • What is the price history for 316 E 3rd St?
    316 E 3rd St in Fairmont, MN last sold for $29,500 in July 2017.
  • Is Fairmont a buyer's or seller's market?
    Fairmont is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Fairmont?
    Residents describe Fairmont, MN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Fairmont, MN.
  • Does 316 E 3rd St have air conditioning?
    Yes, 316 E 3rd St in Fairmont, MN has air conditioning.
  • How big is the lot at 316 E 3rd St?
    The lot at 316 E 3rd St in Fairmont, MN is about 0.10 acres (4,356 sq ft).

Apartments for Rent

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Off Market Homes Near 316 E 3rd St

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