Fargo, ND has an impressive housing market. The median home value is $219,200, which is significantly lower than the national median of $338,100. In addition, homes in Fargo have increased in value over the past year with a 10.99% appreciation rate. This rate is higher than the national average of 8.27%, making it an attractive destination for potential home buyers.
The median home cost in Fargo (zip 58103) is $219,200. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Fargo (zip 58103) is up 12.6%.
Average Age of Homes
- The median age of Fargo (zip 58103) real estate is 35 years old
The Rental Market in Fargo (zip 58103)
- Renters make up 60.4% of the Fargo (zip 58103) population
- 3.9% of houses and apartments in Fargo (zip 58103), 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.