515 E  5th St, Fairmont, MN 56031
OFF MARKET

$111,500

Trulia Estimate
  • Studio

515 E 5th St, Fairmont, MN 56031

Currently Off Market - Sold Apr 14, 2005 for $55,000

Home Value

Trulia Estimate
$112K
Since last month
Decreased$1K (-0.9%)
Since last year
Increased$2K (+1.5%)
Since last sale
Increased$56K (+102.4%)
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 +20% in the last 10 years
MonthEstimated value
2026
August 2026$111K
August 2026$111K
July 2026$112K
June 2026$116K
May 2026$117K
April 2026$117K
March 2026$111K
February 2026$108K
January 2026$106K
2025
2024
2023
2021
2020
2019
2018

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
0.10
Single-Family Home
$50,000
09/12/25
1
1
480
0.07
Single-Family Home
$75,000
02/09/26
3
1.5
1,277
0.04
Single-Family Home
$85,000
06/04/26
3
2
1,944
0.18
Single-Family Home
$60,000
10/15/25
2
1
780
0.16
Single-Family Home
$40,000
09/12/25
2
1
696
0.30
Single-Family Home
$60,000
01/06/26
3
1
834
0.27
Single-Family Home
$40,752
01/06/26
2
1
1,260
0.33
Single-Family Home
$67,000
02/18/26
3
1
1,249
0.27
Single-Family Home
$87,000
05/08/26
3
1.5
2,078
0.39
Single-Family Home
$50,000
02/18/26
2
1
945

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
0.03
$136,300
3
1.5
1,445
Off Market
0.05
$94,500
4
1.5
1,658
Off Market
0.07
$75,000
3
1.5
1,277
Recently Sold
0.08
$89,300
2
1
1,696
Off Market
0.10
$95,900
3
2
1,005
Off Market
0.10
$50,900
1
1
480
Off Market
0.06
-
Studio
1
-
Off Market
0.11
-
3
3
1,680
Off Market
0.08
$79,900
2
2
1,365
Off Market
0.09
-
2
1
884
Off Market
0.12
$45,000
3
2
1,020
For Sale
0.13
$107,100
3
1
1,276
Off Market

Local Information

  • Map ViewExplore the area around 515 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960

About this House

This single-family home is located at 515 E 5th St, Fairmont, MN. 515 E 5th St is in Fairmont, MN and in ZIP code 56031. This property was built in 1960.
515 E 5th St, Fairmont, MN 56031 is a studio single-family home built in 1960. It last sold for $55,000 on Apr 14, 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $111,500, with a rent estimate of $1,214/month.

Home Details for 515 E 5th St

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Apr 14, 2005
Source: N/A
Sold
$55,000

Market trends in Fairmont

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
73
2
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 5th St

  • What is 515 E 5th St estimated to be worth?
    Trulia's estimated value for 515 E 5th St in Fairmont, MN is $111,500.
  • What is the price history for 515 E 5th St?
    515 E 5th St in Fairmont, MN last sold for $55,000 in April 2005.
  • Is Fairmont a buyer's or seller's market?
    Fairmont is currently a balanced 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.

Apartments for Rent

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Off Market Homes Near 515 E 5th St

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