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Fargo, ND Real Estate

Fargo anchors one of North Dakota's largest metro areas with a population of about 129,064. The median home value is near $269,800, and median rent runs around $916/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$269,800
Median Rent
$916/mo
Population
129,064
Median Income
$66,029
Median Age
32.2
Homeownership
44.1%

Monthly payment on a median Fargo home

Example for a $269,800 home: 20% down, 30-yr at ~6.75%, ND property tax ~0.97%, 0.4% insurance.

Est. monthly (PITI)
$1,708
Principal & interest
$1,400
Property tax / mo
$218
Down payment (20%)
$53,960

Fargo at a glance

  • 29% of residents 25+ hold a bachelor's degree or higher.
  • 44.1% of occupied homes are owner-occupied.
  • Median household income is $66,029.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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