Commercial Real Estate Market in Fairmont, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
29 active listings and 1,937 off-market properties in Fairmont, WV.
Market Trends
Fairmont, WV spans 131.9 square miles in Marion County, West Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Fairmont, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Fairmont, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Fairmont, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Across Marion County, multifamily space asks $61/SF to buy. Multifamily vacancy in Fairmont, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.5%
- Mixed use 16.4%
- Commercial 15.6%
- Open space 4.4%
- Industrial 4.1%
Largest Zones share of zoned land by district
Fairmont, WV zones 4,945 acres across 12 districts. Commercial zoning covers 15.6% of zoned land, residential 56.5%, open space 4.4% and industrial 4.1%. The largest single district is General Residential at 38.9%. For commercial buyers the practical constraint is that only 19.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Fairmont, WV has 42,133 residents in 19,688 households. Density runs 319 people per square mile. Median household income here is $69,271 and median gross rent $931 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Fairmont?
What zoning applies to commercial property in Fairmont?
Where does Realmo's Fairmont market data come from?
Methodology & data sources
- Asking prices and medians
- There are 24 active for-sale and 5 active for-lease listings in Fairmont, WV. The sale median is based on 12 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,945 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
