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Fargo Market Report

$328,753

AVERAGE PRICE OF 526 HOMES

$1,893,750

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$387,034

AVERAGE PRICE OF 120 NEWLY BUILT HOMES

$458,580

AVERAGE PRICE OF 5 HOMES WITH A POOL

$332,805

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $328,753
Avg Bedrooms 3.58 beds
Avg Bathrooms 2.53 baths

Average Price by Bedrooms

1 bedroom $262,700
2 bedrooms $204,019
3 bedrooms $298,324
4 bedrooms $333,740
5 bedrooms $473,527
Fargo Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 564 610 647 618 270
Average Price $326,143 $327,316 $330,173 $328,835 $368,057
Avg Price Change -0.36% -0.87% +0.41% -11.93% +4.37%
Median Price $281,451 $282,642 $285,652 $286,679 $314,851
Med Price Change -0.42% -1.06% -0.36% -9.83% +6.45%
Avg Bedrooms 3.58 beds 3.58 beds 3.6 beds 3.61 beds 3.61 beds
Avg Bathrooms 2.52 baths 2.54 baths 2.57 baths 2.59 baths 2.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Fargo Davies 185 $385,928 86 days
Fargo North 122 $287,009 80 days
Fargo South 133 $253,967 62 days
West Fargo 13 $245,130 55 days
West Fargo Sheyenne 64 $406,296 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 526 $328,753 73 days
Multi-Million Dollar Homes 4 $1,893,750 491 days
Newly Built Homes 120 $387,034 100 days
Homes with a Pool 5 $458,580 30 days
Reduced Price Homes 17 $332,805 36 days
The Krabbenhoft Real Estate Team
Troy Krabbenhoft
3101 8th St
South Moorhead, MN 56560
701-866-5607

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the FMAAR MLS. Real estate listings other than Element Realty, Inc. are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Troy Krabbenhoft - The Krabbenhoft Team does not display the entire RMLS IDX database on this website. The listings of some real estate brokerage firms have been excluded.” “Information is being provided for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.”All property listing data is Copyright January 5, 2017 of the REALTOR® Multiple Listing Service. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS® RMLS.Information provided is not guaranteed to be accurate and should be independently verified.
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