$5,284 Closing Credit*
$444,999
2,578 SqFt
4 Beds
•3 Full Baths
Listing Office: Thomsen Homes
Is West Fargo, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, West Fargo was a Seller's Market.
Key Takeaway
West Fargo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Fargo, ND
How much do homes in West Fargo, ND cost?
Median Sold Price
$339,300
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,300(+4.4%)
Key Takeaway
Homes in West Fargo have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in West Fargo was $339,300 in November 2024, up 4.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302.2K | $125.7K | -58.4% |
| 2 Bedrooms | $243K | $299.9K | +23.4% |
| 3 Bedrooms | $289K | $303.2K | +4.9% |
| 4 Bedrooms | $356K | $358.2K | +0.6% |
| 5+ Bedrooms | $569.4K | $595K | +4.5% |
Summary: West Fargo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.4%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Fargo | $281.2K | $297.8K | +5.9% |
| West Fargo | $325K | $339.3K | +4.4% |
Housing Supply in West Fargo, ND
How many homes are available in West Fargo, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 412 | 337 | -18.2% |
Summary: The West Fargo real estate market had 337 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 29 | 20 | -31.0% |
| 3 Bedrooms | 153 | 127 | -17.0% |
| 4 Bedrooms | 132 | 117 | -11.4% |
| 5+ Bedrooms | 91 | 68 | -25.3% |
Summary: The West Fargo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 31%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 25.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 39 | -60.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Fargo, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in West Fargo in November 2024, down by 60.6% month-over-month. Of the 39 sold homes, 44% were sold under asking, 26% were sold at asking, and 31% were sold over asking.
Days on Market for West Fargo, ND
How long does it take to sell a home in West Fargo, ND?
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Fargo are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in West Fargo; 51% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
