515 E  1st St, Fairmont, MN 56031
OFF MARKET

$157,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,071 sqft

515 E 1st St, Fairmont, MN 56031

Est. Refi. Payment $1,027/mo*
Refinance Your Home

Home Value

Trulia Estimate
$157K
Since last month
Decreased$9K (-5.5%)
Since last year
Decreased$5K (-3.1%)
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 +50% in the last 10 years
MonthEstimated value
2026
August 2026$158K
August 2026$157K
July 2026$167K
June 2026$170K
May 2026$167K
April 2026$165K
March 2026$160K
February 2026$161K
January 2026$157K
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
0.13
Single-Family Home
$95,000
12/08/25
3
2
1,330
0.18
Single-Family Home
$115,000
07/23/26
3
1.5
1,204
0.17
Single-Family Home
$110,000
05/15/26
3
2
1,344
0.26
Single-Family Home
$75,000
02/09/26
3
1.5
1,277
0.13
Single-Family Home
$87,000
05/08/26
3
1.5
2,078
0.19
Single-Family Home
$123,700
05/29/26
3
2.5
1,330
0.16
Single-Family Home
$67,000
02/18/26
3
1
1,249
0.32
Single-Family Home
$145,000
02/26/26
3
2
1,062
0.20
Single-Family Home
$125,000
06/26/26
3
2
2,146
0.27
Single-Family Home
$134,900
05/15/26
3
2
1,800

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
0.07
$80,700
2
1
1,065
Off Market
0.08
$169,500
4
2.5
2,098
Off Market
0.10
$164,900
4
2.5
2,072
Recently Sold
0.12
$128,500
4
2
2,302
Recently Sold
0.10
$104,300
2
1
1,372
Off Market
0.13
$95,000
3
2
1,330
Recently Sold
0.08
$93,000
2
2
960
Off Market
0.09
$93,700
2
1
975
Off Market
0.16
$50,000
2
1
945
Recently Sold
0.17
$150,900
3
2.5
1,800
Recently Sold
0.14
$89,900
2
1
1,260
For Sale
0.18
$170,000
5
2
2,496
Recently Sold

Local Information

  • Map ViewExplore the area around 515 E 1st St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1918
1,071 sqft
$147/sqft
Garage

About this House

This single-family home is located at 515 E 1st St, Fairmont, MN. 515 E 1st St is in Fairmont, MN and in ZIP code 56031. This property has 3 bedrooms, 2 bathrooms and approximately 1,071 sqft of floor space. This property was built in 1918.
515 E 1st St, Fairmont, MN 56031 is a 3 bedroom, 2 bathroom, 1,071 sqft single-family home built in 1918. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $157,300, with a rent estimate of $1,218/month.

Home Details for 515 E 1st St

Interior Features

Interior Details
BasementNumber of Rooms: 11
Heating & Cooling
Heating: RadiantAir ConditioningCooling System: WallHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: MetalExterior: Cement ConcreteFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1918
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Price and Tax history

YearProperty taxTax assessment
2025
$2,392
$196,100
Home facts updated by county records

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
1
MoM

Around this home

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 "
  • 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 "

LGBTQ Local Legal Protections

Frequently asked questions about 515 E 1st St

  • What is 515 E 1st St estimated to be worth?
    Trulia's estimated value for 515 E 1st St in Fairmont, MN is $157,300.
  • 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.
  • What are the closest schools to 515 E 1st St?
    The closest schools to 515 E 1st St in Fairmont, MN are Fairmont Elementary School (Pre-K, rated 3/10), Fairmont High School (Middle, rated 6/10).
  • Does 515 E 1st St have air conditioning?
    Yes, 515 E 1st St in Fairmont, MN has air conditioning.
  • Does 515 E 1st St have a garage?
    Yes, 515 E 1st St in Fairmont, MN has a garage.

Apartments for Rent

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Off Market Homes Near 515 E 1st St

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Homes for sale near 515 E 1st St

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