Fargo Market Report
$389,755
AVERAGE PRICE OF 509 HOMES$1,448,714
AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES$456,356
AVERAGE PRICE OF 166 NEWLY BUILT HOMES$976,700
AVERAGE PRICE OF 7 HOMES WITH A POOL$360,910
AVERAGE PRICE OF 9 REDUCED PRICE HOMESAverage Home
| Average Price | $389,755 |
| Avg Bedrooms | 3.48 beds |
| Avg Bathrooms | 2.55 baths |
Average Price by Bedrooms
| 1 bedroom | $396,220 |
| 2 bedrooms | $380,255 |
| 3 bedrooms | $318,097 |
| 4 bedrooms | $383,064 |
| 5 bedrooms | $577,931 |
Fargo Home Price Trends
| 4/2022 | 3/2022 | 2/2022 | 1/2022 | 12/2021 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 415 | 360 | 336 | 396 |
| Average Price | n/a | $382,210 | $356,889 | $355,712 | $344,998 |
| Avg Price Change | n/a | +7.09% | +0.33% | +3.11% | n/a |
| Median Price | n/a | $314,270 | $306,690 | $313,741 | $298,856 |
| Med Price Change | n/a | +2.47% | -2.30% | +4.98% | n/a |
| Avg Bedrooms | n/a | 3.48 beds | 3.54 beds | 3.57 beds | 3.6 beds |
| Avg Bathrooms | n/a | 2.52 baths | 2.53 baths | 2.56 baths | 2.56 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Fargo Davies | 192 | $425,557 | 95 days |
| Fargo North | 104 | $445,723 | 80 days |
| Fargo South | 108 | $252,744 | 49 days |
| Horace | 14 | $390,773 | 62 days |
| West Fargo Sheyenne | 81 | $425,853 | 60 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 509 | $389,755 | 75 days |
| Multi-Million Dollar Homes | 21 | $1,448,714 | 143 days |
| Newly Built Homes | 166 | $456,356 | 122 days |
| Homes with a Pool | 7 | $976,700 | 66 days |
| Reduced Price Homes | 9 | $360,910 | 31 days |
