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Fargo Market Report

$368,008

AVERAGE PRICE OF 274 HOMES

$1,800,180

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$377,227

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$382,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$331,012

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $368,008
Avg Bedrooms 3.58 beds
Avg Bathrooms 2.69 baths

Average Price by Bedrooms

1 bedroom $272,475
2 bedrooms $267,383
3 bedrooms $325,911
4 bedrooms $358,406
5 bedrooms $522,363
Fargo Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 248 230 244 276 323
Average Price $352,659 $346,640 $337,517 $313,958 $300,265
Avg Price Change +1.74% +2.70% +7.50% +4.56% -1.37%
Median Price $295,785 $290,518 $280,617 $257,172 $248,336
Med Price Change +1.81% +3.53% +9.12% +3.56% -3.71%
Avg Bedrooms 3.56 beds 3.56 beds 3.47 beds 3.4 beds 3.42 beds
Avg Bathrooms 2.61 baths 2.59 baths 2.6 baths 2.49 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Fargo Davies 105 $414,250 71 days
Fargo North 63 $360,780 58 days
Fargo South 62 $281,654 58 days
West Fargo 5 $252,580 9 days
West Fargo Sheyenne 35 $395,715 41 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 274 $368,008 59 days
Multi-Million Dollar Homes 5 $1,800,180 307 days
Newly Built Homes 73 $377,227 87 days
Homes with a Pool 2 $382,500 11 days
Reduced Price Homes 8 $331,012 27 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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