Fargo Market Report
$326,892
AVERAGE PRICE OF 652 HOMES$1,850,180
AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES$379,897
AVERAGE PRICE OF 121 NEWLY BUILT HOMES$383,060
AVERAGE PRICE OF 5 HOMES WITH A POOL$361,120
AVERAGE PRICE OF 15 REDUCED PRICE HOMESAverage Home
| Average Price | $326,892 |
| Avg Bedrooms | 3.59 beds |
| Avg Bathrooms | 2.55 baths |
Average Price by Bedrooms
| 1 bedroom | $207,725 |
| 2 bedrooms | $213,195 |
| 3 bedrooms | $287,145 |
| 4 bedrooms | $326,249 |
| 5 bedrooms | $479,466 |
Fargo Home Price Trends
| 6/2021 | 5/2021 | 4/2021 | 3/2021 | 2/2021 | |
|---|---|---|---|---|---|
| Total Listings | 618 | 270 | 248 | 230 | 244 |
| Average Price | $328,835 | $368,057 | $352,659 | $346,640 | $337,517 |
| Avg Price Change | -11.93% | +4.37% | +1.74% | +2.70% | +7.50% |
| Median Price | $286,679 | $314,851 | $295,785 | $290,518 | $280,617 |
| Med Price Change | -9.83% | +6.45% | +1.81% | +3.53% | +9.12% |
| Avg Bedrooms | 3.61 beds | 3.61 beds | 3.56 beds | 3.56 beds | 3.47 beds |
| Avg Bathrooms | 2.59 baths | 2.72 baths | 2.61 baths | 2.59 baths | 2.6 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Fargo Davies | 210 | $389,909 | 68 days |
| Fargo North | 159 | $289,204 | 57 days |
| Fargo South | 173 | $259,540 | 51 days |
| West Fargo | 13 | $275,838 | 47 days |
| West Fargo Sheyenne | 88 | $373,624 | 48 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 652 | $326,892 | 58 days |
| Multi-Million Dollar Homes | 5 | $1,850,180 | 374 days |
| Newly Built Homes | 121 | $379,897 | 83 days |
| Homes with a Pool | 5 | $383,060 | 51 days |
| Reduced Price Homes | 15 | $361,120 | 43 days |
