Fergus Falls Metro Area, MN Housing

The housing market in the Fergus Falls, MN Metro Area has experienced significant appreciation over the last year. The median value of homes in the area is currently $283,400, which is significantly lower than the US House Median Value of $338,100. Despite this difference however, the area has seen an impressive 1 year appreciation of 9.46%, slightly ahead of the US average of 8.27%. This suggests that investing in property in Fergus Falls can be a great opportunity for those looking to buy a home and make it their own.

The median home cost in Fergus Falls Metro Area is $283,400. Home appreciation the last 10 years has been 73.4%. Home Appreciation in Fergus Falls Metro Area is up 13.6%.

Average Age of Homes

- The median age of Fergus Falls Metro Area real estate is 40 years old

The Rental Market in Fergus Falls Metro Area

- Renters make up 14.2% of the Fergus Falls Metro Area population
- 1.1% of houses and apartments in Fergus Falls Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fergus Falls, Minnesota	United States
	36,464.0	139,647,020.0
	43	42
	$283,400	$338,100
	13.6%	16.6%
	39.4%	57.0%
	73.4%	101.1%
	$8.20	$10.98
	$1,715	$2,690
	54.4%	57.4%
	31.9%	11.2%
	13.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	26.9%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	2.5%	2.8%
	5.1%	3.9%
	6.3%	4.5%
	15.5%	11.3%
	14.0%	13.0%
	23.8%	20.1%
	11.9%	13.6%
	7.4%	8.3%
	6.2%	9.7%
	1.9%	3.9%
	0.5%	2.2%
	0.4%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	13.2%	13.6%
	10.6%	13.2%
	14.2%	14.8%
	13.2%	13.6%
	7.9%	10.0%
	5.1%	4.7%
	16.0%	12.2%

Reviews for Fergus Falls

See all (0)

Write a Review

Start Your Review of Fergus Falls

Commute