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Fargo Market Report

$375,487

AVERAGE PRICE OF 498 HOMES

$1,475,947

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$505,305

AVERAGE PRICE OF 155 NEWLY BUILT HOMES

$499,633

AVERAGE PRICE OF 3 HOMES WITH A POOL

$323,920

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $375,487
Avg Bedrooms 3.04 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $288,176
2 bedrooms $398,112
3 bedrooms $317,458
4 bedrooms $373,726
5 bedrooms $548,932
Fargo Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 532 567 574 582 n/a
Average Price $374,548 $373,513 $373,734 $372,031 n/a
Avg Price Change +0.28% -0.06% +0.46% n/a n/a
Median Price $314,649 $310,677 $313,863 $314,695 n/a
Med Price Change +1.28% -1.03% -0.27% n/a n/a
Avg Bedrooms 3.09 beds 3.16 beds 3.18 beds 3.2 beds n/a
Avg Bathrooms 2.24 baths 2.29 baths 2.35 baths 2.36 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Fargo Davies 162 $404,005 68 days
Fargo North 149 $395,466 57 days
Fargo South 123 $274,361 59 days
West Fargo 11 $307,190 45 days
West Fargo Sheyenne 37 $423,291 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 498 $375,487 61 days
Multi-Million Dollar Homes 19 $1,475,947 86 days
Newly Built Homes 155 $505,305 73 days
Homes with a Pool 3 $499,633 79 days
Reduced Price Homes 10 $323,920 43 days