Fargo, ND Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Fargo, ND is showing healthy, moderate growth.

  • Steady price growth of 3.5% year-over-year — a balanced market.
  • Price-to-rent ratio: 23.7 — renting may be more affordable in the near term.

Median Home Value

$317,489

ZHVI

Year-over-Year

+3.5%

Price change

5-Year Change

+25.3%

Since 2021

Median Rent

$1,115/mo

ZORI

Active Listings

685

For sale

State Avg

$280,510

North Dakota

Home Value Trends

5-year Zillow Home Value Index for Fargo, ND vs. state and national averages.

Rent Data

Median Rent

$1,115/mo

Rent YoY Change

+3.9%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.