Fargo Market Report
$299,342
AVERAGE PRICE OF 359 HOMES$2,062,475
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$383,235
AVERAGE PRICE OF 116 NEWLY BUILT HOMES$280,825
AVERAGE PRICE OF 4 HOMES WITH A POOL$225,695
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $299,342 |
| Avg Bedrooms | 3.44 beds |
| Avg Bathrooms | 2.47 baths |
Average Price by Bedrooms
| 1 bedroom | $84,600 |
| 2 bedrooms | $219,559 |
| 3 bedrooms | $274,673 |
| 4 bedrooms | $304,302 |
| 5 bedrooms | $455,672 |
Fargo Home Price Trends
| 10/2020 | 9/2020 | 8/2020 | 7/2020 | 6/2020 | |
|---|---|---|---|---|---|
| Total Listings | 420 | 449 | 450 | 445 | 460 |
| Average Price | $309,576 | $311,456 | $318,957 | $312,767 | $310,099 |
| Avg Price Change | -0.61% | -2.41% | +1.98% | +0.86% | +2.51% |
| Median Price | $256,526 | $254,099 | $261,735 | $263,523 | $267,109 |
| Med Price Change | +0.96% | -3.01% | -0.68% | -1.36% | +1.12% |
| Avg Bedrooms | 3.51 beds | 3.5 beds | 3.56 beds | 3.6 beds | 3.62 beds |
| Avg Bathrooms | 2.53 baths | 2.54 baths | 2.58 baths | 2.59 baths | 2.61 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Fargo Davies | 137 | $358,731 | 93 days |
| Fargo North | 103 | $258,765 | 82 days |
| Fargo South | 70 | $226,826 | 89 days |
| West Fargo | 6 | $254,300 | 26 days |
| West Fargo Sheyenne | 39 | $333,018 | 88 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 359 | $299,342 | 88 days |
| Multi-Million Dollar Homes | 4 | $2,062,475 | 250 days |
| Newly Built Homes | 116 | $383,235 | 112 days |
| Homes with a Pool | 4 | $280,825 | 62 days |
| Reduced Price Homes | 4 | $225,695 | 62 days |
