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Fargo Market Report

$296,116

AVERAGE PRICE OF 345 HOMES

$2,062,475

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$383,775

AVERAGE PRICE OF 114 NEWLY BUILT HOMES

$280,825

AVERAGE PRICE OF 4 HOMES WITH A POOL

$198,895

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $296,116
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $84,600
2 bedrooms $214,698
3 bedrooms $277,067
4 bedrooms $303,459
5 bedrooms $439,603
Fargo Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 376 420 449 450 445
Average Price $304,371 $309,576 $311,456 $318,957 $312,767
Avg Price Change -1.71% -0.61% -2.41% +1.98% +0.86%
Median Price $257,549 $256,526 $254,099 $261,735 $263,523
Med Price Change +0.40% +0.96% -3.01% -0.68% -1.36%
Avg Bedrooms 3.47 beds 3.51 beds 3.5 beds 3.56 beds 3.6 beds
Avg Bathrooms 2.51 baths 2.53 baths 2.54 baths 2.58 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Fargo Davies 133 $354,221 95 days
Fargo North 97 $256,649 86 days
Fargo South 68 $220,243 91 days
West Fargo 6 $234,300 17 days
West Fargo Sheyenne 37 $337,776 91 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 345 $296,116 90 days
Multi-Million Dollar Homes 4 $2,062,475 252 days
Newly Built Homes 114 $383,775 115 days
Homes with a Pool 4 $280,825 64 days
Reduced Price Homes 4 $198,895 61 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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