Fargo Market Report
$326,013
AVERAGE PRICE OF 541 HOMES$1,893,750
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$390,478
AVERAGE PRICE OF 125 NEWLY BUILT HOMES$458,580
AVERAGE PRICE OF 5 HOMES WITH A POOL$341,334
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $326,013 |
| Avg Bedrooms | 3.56 beds |
| Avg Bathrooms | 2.5 baths |
Average Price by Bedrooms
| 1 bedroom | $262,700 |
| 2 bedrooms | $200,952 |
| 3 bedrooms | $297,355 |
| 4 bedrooms | $332,795 |
| 5 bedrooms | $471,186 |
Fargo Home Price Trends
| 9/2021 | 8/2021 | 7/2021 | 6/2021 | 5/2021 | |
|---|---|---|---|---|---|
| Total Listings | 564 | 610 | 647 | 618 | 270 |
| Average Price | $326,143 | $327,316 | $330,173 | $328,835 | $368,057 |
| Avg Price Change | -0.36% | -0.87% | +0.41% | -11.93% | +4.37% |
| Median Price | $281,451 | $282,642 | $285,652 | $286,679 | $314,851 |
| Med Price Change | -0.42% | -1.06% | -0.36% | -9.83% | +6.45% |
| Avg Bedrooms | 3.58 beds | 3.58 beds | 3.6 beds | 3.61 beds | 3.61 beds |
| Avg Bathrooms | 2.52 baths | 2.54 baths | 2.57 baths | 2.59 baths | 2.72 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Fargo Davies | 186 | $385,936 | 87 days |
| Fargo North | 127 | $283,996 | 78 days |
| Fargo South | 137 | $249,000 | 62 days |
| West Fargo | 16 | $243,850 | 50 days |
| West Fargo Sheyenne | 65 | $404,112 | 51 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 541 | $326,013 | 72 days |
| Multi-Million Dollar Homes | 4 | $1,893,750 | 485 days |
| Newly Built Homes | 125 | $390,478 | 103 days |
| Homes with a Pool | 5 | $458,580 | 24 days |
| Reduced Price Homes | 16 | $341,334 | 44 days |
