Housing Prices in Downtown Fargo, ND

How much do homes in Downtown Fargo, ND cost?

Median List Price

$355,000

$296/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$170,100(+92.0%)

Key Takeaway

The list price of homes in Downtown Fargo has increased by 92% since last year.

Summary: The median home list price in Downtown Fargo was $355,000 in November 2024, up 92% from the previous year, and the median price per square foot was $296.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $208K$270K
+29.8%
2 $179.9K$375K
+108.4%
3 $639K$740K
+15.8%
4 $158K$205K
+29.7%
5+ $224.5K$396K
+76.4%

Summary: Downtown Fargo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.8%, 2 bedroom homes increased by 108.4%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes increased by 76.4%.

Median List Price Compared To Nearby Neighborhoods

Downtown Fargo
+92.0%
Roosevelt
+2.2%
Horace Mann
-2.6%

Housing Supply in Downtown Fargo, ND

How many homes are available in Downtown Fargo, ND?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1091090.0%

Summary: The Downtown Fargo real estate market had 109 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3938
-2.6%
2 3435
+2.9%
3 3232
0.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Downtown Fargo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 2.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Downtown Fargo, ND

How long does it take to sell a home in Downtown Fargo, ND?

Average Listing Age

Nov 2023Nov 2024CHANGE
417 Days130 Days-68.6%

Summary: Homes in Downtown Fargo had an average listing age of 130 days in Nov 2024, down by 68.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Downtown Fargo, ND

Nearby Markets to Downtown Fargo, ND