The Fairmount community in Eugene, Oregon, has the advantage of providing an excellent place for raising a family. Here is what you should know about this community.
Demographics and Population
Fairmount has a population of 4,307 people, so it isn’t as densely populated compared to Eugene. It has a population density of 2,517 persons per square mile. This means you and your family will have more space for yard activities and will be able to enjoy adventures in the great outdoors.
With 42 percent of the population under the age of 18, this area has a median age of 29.5, making it ideal for young parents who are starting a family and growing children in a quiet community.
Home Values and Real Estate
The Willamette River runs through Fairmount, providing residents with plenty of opportunities for outdoor activities and adventures. What’s more is that the neighborhood is also well-known for its tranquility, making it a great place to raise a family or retire from city life in these lush green surroundings.
Nearby parks include Fairmount Park, Washburne Park, Mission Park, and Hendricks Park, where you can leisurely walk through for a respite and have quiet time any time of the day.
Based on market trends, Fairmount property median prices have decreased just a slight margin from last year. Houses in the area sell after a month a half on the market owing to the community’s elegance and serenity.
The median list property price in Fairmount, according to Realtor, is $551,000, up 22.3 percent in recent years. It also has a $232 median listing price per square foot and a $538,000 median sale price. Five properties are now on the market, with prices ranging from $619,900 to $795,000.
According to Zillow, the average Fairmount house value is $121,657 as of January 31, 2021. This figure is based on a season’s worth of data and only includes residences in the mid-price bracket. Additionally, the value of a home in Fairmount has increased by 4.9 percent in recent years.
If you are wondering about employment opportunities, Fairmount has a typical household income of $58,499, which is 6% higher than the national average. Based on your educational background, skills, niche, and interests, you can easily choose the type of career you wish to pursue if you ever decide to settle in Fairmount.
Events and Activities
The Fairmount Neighborhood Farmers Market is a weekly organized neighborhood market that takes place every Sunday at the heart of the Hayward Historic District. Residents can get together and shop for their weekly fill of grocery necessities at the Farmers Market. Fair Valley Farm pasture-raised beef and poultry, as well as vegetables and fruits from Camas Swale Farm, are just a few among the market’s fresh picks. What a wonderful benefit and convenience!
Fairmount is not only a fantastic place to live, but it’s also a fantastic investment! This community has everything you need for the well-being of your family. And there are lots of things to do in the area.