Fargo Market Report
$380,479
AVERAGE PRICE OF 578 HOMES$1,526,750
AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES$487,982
AVERAGE PRICE OF 134 NEWLY BUILT HOMES$1,843,333
AVERAGE PRICE OF 3 HOMES WITH A POOL$388,007
AVERAGE PRICE OF 26 REDUCED PRICE HOMESAverage Home
| Average Price | $380,479 |
| Avg Bedrooms | 2.98 beds |
| Avg Bathrooms | 2.23 baths |
Average Price by Bedrooms
| 1 bedroom | $301,699 |
| 2 bedrooms | $328,640 |
| 3 bedrooms | $327,619 |
| 4 bedrooms | $418,413 |
| 5 bedrooms | $562,824 |
Fargo Home Price Trends
| 9/2023 | 8/2023 | 7/2023 | 6/2023 | 5/2023 | |
|---|---|---|---|---|---|
| Total Listings | 579 | 580 | 587 | 585 | 572 |
| Average Price | $379,511 | $380,722 | $380,172 | $389,508 | $392,094 |
| Avg Price Change | -0.32% | +0.14% | -2.46% | -0.66% | 0.00% |
| Median Price | $314,880 | $316,666 | $319,907 | $329,602 | $330,297 |
| Med Price Change | -0.57% | -1.02% | -3.03% | -0.21% | -0.05% |
| Avg Bedrooms | 3 beds | 3.01 beds | 3.04 beds | 3.06 beds | 3.07 beds |
| Avg Bathrooms | 2.25 baths | 2.26 baths | 2.27 baths | 2.29 baths | 2.31 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Fargo Davies | 167 | $427,264 | 111 days |
| Fargo North | 186 | $366,933 | 130 days |
| Fargo South | 134 | $322,489 | 72 days |
| Horace | 15 | $444,624 | 81 days |
| West Fargo Sheyenne | 46 | $437,874 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 578 | $380,479 | 107 days |
| Multi-Million Dollar Homes | 12 | $1,526,750 | 169 days |
| Newly Built Homes | 134 | $487,982 | 171 days |
| Homes with a Pool | 3 | $1,843,333 | 72 days |
| Reduced Price Homes | 26 | $388,007 | 65 days |
