Fargo, ND Foreclosures
How much do homes sell for in Fargo, ND?
The average home price is currently $406,237.
In Fargo, ND, how many homes are available?
There are currently 2 active home listings available in Fargo.
What’s the average rental cost in Fargo, ND?
The average rental price in Fargo is $1,377.
What is the most expensive home in Fargo?
The most expensive home sold in Fargo had a price of $245,942,000.
What is currently the cheapest priced home in Fargo, ND?
The cheapest home for sale in Fargo is priced at $14,690.
Living in Fargo, ND
Fargo, ND is a dynamic city that combines small-town charm with urban energy. Residents benefit from vibrant neighborhoods, a strong sense of community, and numerous cultural and recreational activities. With a favorable cost of living and a strong economy, Fargo is an excellent place to call home.
Current Market Conditions in Fargo, ND
The real estate market in Fargo is currently experiencing steady growth, with home prices rising annually due to high demand. The area has seen an influx of new residents, which has contributed to more competitive bidding on listings, particularly for single-family homes. Investors are noticing opportunities due to the rising rental market and the increasing number of new constructions in the area.
Despite the competitive conditions, the growth has been measured, allowing for diverse options for buyers across different price points. The rental market is strong, as many individuals move to the area for employment, supporting a need for more rental properties, which is encouraging developers to discuss future projects.
Home Value Estimator For Fargo, ND
There are currently 32,335 real estate properties
in Fargo, ND,
with a median automated valuation model (AVM) price
of $309,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fargo, ND, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fargo, ND,
is $406,237.00, with the most expensive house
in Fargo, ND, topping out
at $245,942,000.00 and the cheapest home
in Fargo, ND,
clocking in at $14,690.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fargo, ND!
Rent Prices
In Fargo, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fargo, ND, is on
a rollercoaster ride. The
average rent price in Fargo, ND,
is $1,377.00. Indeed, when looking to rent in
Fargo, ND, you can expect to pay as little
as $570.00 or as much
as $3,540.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Fargo, ND
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
