Fairmont, WV

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Fairmont short-term rental market based on reliable data.

Listings

20 / 37

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$18,704

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$194,469

Median Home Sale Price

Top Earners

$32,027

Top-Earners Revenue

Fairmont

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fairmont.

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B

Generally Investor friendly

Fairmont Regulations

STRs are not expressly banned and can operate where zoning allows, but investors must pass Fairmont’s rental registration/inspections, secure required licenses, and collect/remit sales and occupancy taxes. The process is moderately costly and procedural, but predictable and well‑documented, with no hard caps identified.

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About Fairmont

Fairmont is a small city in north-central West Virginia, serving as the county seat of Marion County and home to a population of roughly 18,000 residents. Set along the Monongahela River and split by the rolling ridges typical of the state's northern panhandle region, the city carries the character of a classic Appalachian college town, anchored by Fairmont State University and its Falcons athletics programs. It functions as a convenient gateway to outdoor recreation in north-central West Virginia and to the broader cultural and economic pull of the Pittsburgh metropolitan area, sitting roughly ninety miles south of Pittsburgh along Interstate 79 and about twenty-five miles south of Morgantown and West Virginia University. Its position on a major interstate makes it a practical stopover for travelers moving between Pittsburgh, the Mountain State, and the Mid-Atlantic.

A short drive northeast of the city center, Prickett's Fort State Park offers a window into the region's frontier past. The park features a reconstructed 1770s-era militia fort along the Monongahela River, with costumed interpreters, a historic Job Prickett homestead, and picnic facilities set in a peaceful riverside setting. Reachable in roughly fifteen minutes from downtown, the site is popular with families and school groups and adds a tangible historical layer to any stay in the area.

About twenty-five minutes south of Fairmont, Valley Falls State Park draws visitors with a tall waterfall cascading along the Tygart Valley River, framed by a sandstone gorge and shaded hiking trails. The park is a year-round destination for picnicking, trout fishing, and short nature walks, and it gives guests a quiet natural counterpoint to the more developed parts of Marion County.

Downtown Fairmont offers a small but recognizable historic core, with restored brick storefronts, locally owned restaurants, and riverside green space that gives the city an easygoing evening pace. The downtown is also where much of the community's coal, rail, and Civil War history is commemorated, and the surrounding hills provide the kind of high-bridge overlooks of the Monongahela that the area is known for. Nearby Tygart Lake State Park, roughly fifteen minutes to the southeast, adds boating, swimming, and cabin stays to the list of regional options.

For short-term rental owners, Fairmont offers an appealing combination of accessibility and authenticity. Its location on I-79, its proximity to both Pittsburgh and Morgantown, and the mix of historic and outdoor attractions within a half-hour drive make it a sensible base for road-trippers, visiting families, alumni weekends at Fairmont State, and travelers exploring the wider region.

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