Fargo, ND Foreclosures
How much do homes sell for in Fargo, ND?
The average home price is currently $404,733.
In Fargo, ND, how many homes are available?
There are currently 16 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 $245,791,040.
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 vibrant city known for its cultural offerings and strong community spirit. With a mix of urban amenities and outdoor recreation, Fargo is perfect for families, students, and professionals. The city is supported by excellent educational institutions and a friendly atmosphere, making it a great place to call home.
Current Market Conditions in Fargo, ND
Currently, Fargo's real estate market is competitive, with a noticeable increase in home prices over the past few months. The demand for homes has been strong, reflecting the city's economic growth and livability. Buyers are encouraged to act quickly, as properties often receive multiple offers shortly after listing, especially in desirable neighborhoods.
In recent years, the housing market in Fargo has shown remarkable resilience, with steady appreciation in home values. The city continues to attract new residents due to its robust job market, favorable living conditions, and quality education options. It's an ideal environment for long-term investments.
Home Value Estimator For Fargo, ND
There are currently 32,366 real estate properties
in Fargo, ND,
with a median automated valuation model (AVM) price
of $307,442.00. 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 $404,733.00, with the most expensive house
in Fargo, ND, topping out
at $245,791,040.00 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
