Fargo, ND Foreclosures
How much do homes sell for in Fargo, ND?
The average home price is currently $410,373.
In Fargo, ND, how many homes are available?
There are currently 39 active home listings available in Fargo.
What’s the average rental cost in Fargo, ND?
The average rental price in Fargo is $1,378.
What is the most expensive home in Fargo?
The most expensive home sold in Fargo had a price of $231,579,216.
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 thriving city with a strong sense of community, excellent educational opportunities, and diverse recreational activities. The city offers a balance of urban and suburban living with numerous amenities and public services. It's an attractive location for real estate investors due to its growing economy and family-friendly environment.
Current Market Conditions in Fargo, ND
The real estate market in Fargo has shown resilience and growth in recent years. Home prices have steadily increased due to the strong demand for housing, particularly among families and young professionals. The market has shifted towards a seller's market, with inventory levels remaining low, leading to a competitive buying environment.
In addition, Fargo's economy continues to expand, driven by sectors such as technology, healthcare, and education. Investors can expect favorable conditions as more individuals move to the area seeking job opportunities, further fueling the real estate market. This upward trend presents a promising outlook for investment in residential properties.
Home Value Estimator For Fargo, ND
There are currently 31,704 real estate properties
in Fargo, ND,
with a median automated valuation model (AVM) price
of $315,311.00. 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 $410,373.00, with the most expensive house
in Fargo, ND, topping out
at $231,579,216.00 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 $1,378.00. 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.
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