Fargo - ND housing market
The Fargo metro has a typical home value of $330,476, up 3.4% from a year ago. Homes sell in 23 days on average, a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($330,476) is the Zillow Home Value Index for the Fargo - ND metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 3.4% over the past year. In Fargo - ND, that means a home worth $319,609 last year is now worth roughly $330,476.
The median sale price, what homes actually close for, is $304,165. Homes are selling at 99.1% of list price, meaning buyers have room to negotiate.
Homes listed in Fargo - ND sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 352 new listings hit the market each month in Fargo - ND. There are currently 981 homes for sale, up 5.0% from a year ago.
The typical monthly rent in Fargo - ND is $1,113, up 3.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 24.7x, renting territory (#17 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,699 a month in principal and interest, $586 more than renting before taxes, insurance and upkeep. The two break even at a 2.99% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →
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