Zip Code: 56031 (Fairmont, Minnesota) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 56031 Zip Code (Fairmont, Minnesota) in February 2026 was $192,524.235. The month over month percentage change (MoM) was 0.62%, and the year over year percentage change (YoY) was 4.30%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 56031 zip code (Fairmont, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 56031 zip code (Fairmont, Minnesota).

You can see similar information for other Minnesota zip codes, and for Minnesota.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 56031 (Fairmont, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 56031 (Fairmont, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 103700.33391048426 -0.07 1.82
Feb 2015 103658.89254185751 -0.04 1.35
Mar 2015 104047.23502937477 0.38 1.25
Apr 2015 104603.60724619788 0.54 1.12
May 2015 105130.32263294724 0.50 0.89
Jun 2015 105556.86670126508 0.41 0.54
Jul 2015 106117.74656935515 0.53 0.67
Aug 2015 107054.73535357042 0.88 1.59
Sep 2015 107903.85067981707 0.79 2.77
Oct 2015 108766.53847055977 0.80 4.20
Nov 2015 109404.0614392645 0.59 5.18
Dec 2015 110461.7785963777 0.97 6.45
Jan 2016 111651.198042811 1.08 7.67
Feb 2016 112844.36151054174 1.07 8.86
Mar 2016 113605.39879839435 0.67 9.19
Apr 2016 114127.4878332765 0.46 9.11
May 2016 114406.15327020049 0.24 8.82
Jun 2016 114503.56729156799 0.09 8.48
Jul 2016 114135.48713875818 -0.32 7.56
Aug 2016 113745.70968039536 -0.34 6.25
Sep 2016 113270.24739277625 -0.42 4.97
Oct 2016 113080.74922908843 -0.17 3.97
Nov 2016 113147.41035081912 0.06 3.42
Dec 2016 113433.28539524887 0.25 2.69
Jan 2017 113939.85052204099 0.45 2.05
Feb 2017 114159.53416549931 0.19 1.17
Mar 2017 114393.6316983674 0.21 0.69
Apr 2017 114742.43395380316 0.31 0.54
May 2017 115251.1295457155 0.44 0.74
Jun 2017 115580.75540722342 0.29 0.94
Jul 2017 116162.47658970159 0.50 1.78
Aug 2017 116786.74262346502 0.54 2.67
Sep 2017 117385.13115492568 0.51 3.63
Oct 2017 117580.93371180321 0.17 3.98
Nov 2017 118051.92923144868 0.40 4.34
Dec 2017 118785.1184927984 0.62 4.72
Jan 2018 119511.38250374021 0.61 4.89
Feb 2018 119997.33013245756 0.41 5.11
Mar 2018 120612.89125011656 0.51 5.44
Apr 2018 120909.24339078006 0.25 5.37
May 2018 120930.86832742521 0.02 4.93
Jun 2018 120679.96209930646 -0.21 4.41
Jul 2018 120982.83518269869 0.25 4.15
Aug 2018 121485.73271792853 0.42 4.02
Sep 2018 122360.80529949775 0.72 4.24
Oct 2018 123140.70151726021 0.64 4.73
Nov 2018 124044.25751628482 0.73 5.08
Dec 2018 124661.78036895947 0.50 4.95
Jan 2019 125345.56323174304 0.55 4.88
Feb 2019 126317.76994085281 0.78 5.27
Mar 2019 127526.07314949851 0.96 5.73
Apr 2019 128612.45044368895 0.85 6.37
May 2019 129364.78108455955 0.59 6.97
Jun 2019 129974.72013103055 0.47 7.70
Jul 2019 130183.70291334791 0.16 7.61
Aug 2019 130373.4943750082 0.15 7.32
Sep 2019 130446.26946485066 0.06 6.61
Oct 2019 130986.25199011806 0.41 6.37
Nov 2019 131505.08002624044 0.40 6.02
Dec 2019 132075.68313941677 0.43 5.95
Jan 2020 132233.66492674002 0.12 5.50
Feb 2020 132251.21409504686 0.01 4.70
Mar 2020 132296.43238116207 0.03 3.74
Apr 2020 132432.60559345174 0.10 2.97
May 2020 132665.84690774456 0.18 2.55
Jun 2020 132782.62321564797 0.09 2.16
Jul 2020 132966.9896552401 0.14 2.14
Aug 2020 133464.51198277393 0.37 2.37
Sep 2020 134602.02554959813 0.85 3.19
Oct 2020 136098.85572243467 1.11 3.90
Nov 2020 137842.39834726084 1.28 4.82
Dec 2020 139450.27985358494 1.17 5.58
Jan 2021 140745.47381894535 0.93 6.44
Feb 2021 141790.16513783482 0.74 7.21
Mar 2021 142671.12969177487 0.62 7.84
Apr 2021 143762.4296188913 0.77 8.56
May 2021 145377.06780848926 1.12 9.58
Jun 2021 147649.00999430098 1.56 11.20
Jul 2021 150748.338235188 2.10 13.37
Aug 2021 153621.38437934406 1.91 15.10
Sep 2021 156226.01955947722 1.70 16.07
Oct 2021 158164.491315836 1.24 16.21
Nov 2021 159824.84621877337 1.05 15.95
Dec 2021 160992.05142167312 0.73 15.45
Jan 2022 162104.26809279568 0.69 15.18
Feb 2022 163438.70521540378 0.82 15.27
Mar 2022 165232.4513862443 1.10 15.81
Apr 2022 167588.8361653719 1.43 16.57
May 2022 170128.72271639362 1.52 17.03
Jun 2022 172605.62350634133 1.46 16.90
Jul 2022 174147.8505645711 0.89 15.52
Aug 2022 174442.696540681 0.17 13.55
Sep 2022 173782.09742245878 -0.38 11.24
Oct 2022 172983.55140791126 -0.46 9.37
Nov 2022 172395.01189277266 -0.34 7.87
Dec 2022 171817.84383053283 -0.33 6.72
Jan 2023 170803.91181924657 -0.59 5.37
Feb 2023 169756.18607180446 -0.61 3.87
Mar 2023 169284.35706619572 -0.28 2.45
Apr 2023 169902.1092165387 0.37 1.38
May 2023 171068.84814209142 0.69 0.55
Jun 2023 172379.64079213364 0.77 -0.13
Jul 2023 173289.48004644876 0.53 -0.49
Aug 2023 173765.37134625387 0.28 -0.39
Sep 2023 174062.05341450748 0.17 0.16
Oct 2023 174302.3099485939 0.14 0.76
Nov 2023 175147.38246313305 0.49 1.60
Dec 2023 175942.09580740135 0.45 2.40
Jan 2024 176813.67157285335 0.50 3.52
Feb 2024 177724.75810603696 0.52 4.69
Mar 2024 178676.93138614448 0.54 5.55
Apr 2024 179610.21399824464 0.52 5.71
May 2024 180057.2559388367 0.25 5.25
Jun 2024 180539.01451856844 0.27 4.73
Jul 2024 180448.0629449952 -0.05 4.13
Aug 2024 180101.70328302658 -0.19 3.65
Sep 2024 179320.70393652617 -0.43 3.02
Oct 2024 179137.06269582701 -0.10 2.77
Nov 2024 179759.08473830344 0.35 2.63
Dec 2024 181216.49372067803 0.81 3.00
Jan 2025 183158.11631702477 1.07 3.59
Feb 2025 184590.87258164972 0.78 3.86
Mar 2025 185481.2075138639 0.48 3.81
Apr 2025 186139.72412361027 0.36 3.64
May 2025 187239.3559241727 0.59 3.99
Jun 2025 188238.96909316644 0.53 4.26
Jul 2025 188748.04442437703 0.27 4.60
Aug 2025 188724.10523580216 -0.01 4.79
Sep 2025 189119.2100374656 0.21 5.46
Oct 2025 189761.63903836926 0.34 5.93
Nov 2025 190469.9319235565 0.37 5.96
Dec 2025 190923.14802858722 0.24 5.36
Jan 2026 191345.29382273916 0.22 4.47
Feb 2026 192524.23525560935 0.62 4.30