Fargo, OK is a great place to buy a home. The median value of housing in Fargo is $108,500, which is significantly lower than the US median house value of $338,100. Even better news for potential buyers in Fargo is that the 1 year appreciation rate for houses here was 13.34%, higher than the national average of 8.27%. This means that people buying a home in Fargo can expect their investment to grow faster than the average US house market.
The median home cost in Fargo is $108,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Fargo is up 14.5%.
Average Age of Homes
- The median age of Fargo real estate is 45 years old
The Rental Market in Fargo
- Renters make up 27.7% of the Fargo population
- 3.1% of houses and apartments in Fargo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.