Property prices for sale in Fargo (North Dakota)

The prices in real estate in Fargo, in the North Dakota region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$306,774
Average price last 6 months
$105
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fargo has increased strongly during the last 6 months. In April, the average price per sq.feet was $91. In May this price pretty much remained the same at a value of $94 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 121 %. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $102 to $111 during August, and September.

Average price

Based upon to the price in Fargo (cities), this has gone up in the last 6 months. The price in April is $277,490, rising in May till $311,243. During the following two months (June, July) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $323,599 to $273,124, which means a 84 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $285,696 they are 43 % more affordable than the average price for Fargo. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $312,666.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $111 / sq.feet price in Fargo. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $118 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $285,696 it is 35 % cheaper than the average price in Fargo. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $315,162 it is 11 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $93 / sq.feet followed by "Detached House" priced at $98 / sq.feet. "Commercial" is the most costly type of property with a $1,197 / sq.feet cost followed by "Condo" with an average price of $181 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Fargo
Number of properties used in region North Dakota
$285,696
$111
2,408
9,742
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Roberts Commons 1 Bedroom Apartment For Rent At 625 2nd Ave N, Fargo, Nd 58102 Downtown Fargo
 7
Roberts Commons 1 Bedroom Apartment For Rent At 625 2nd Ave N, Fargo, Nd 58102 Downtown Fargo
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Dillard Apartments 1 Bedroom Apartment For Rent At 247 Roberts St N, Fargo, Nd 58102 Downt...
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Dillard Apartments 1 Bedroom Apartment For Rent At 247 Roberts St N, Fargo, Nd 58102 Downt...
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Dillard Apartments 1 Bedroom Apartment For Rent At 247 Roberts St N, Fargo, Nd 58102 Downt...
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Dillard Apartments 2 Bedroom Apartment For Rent At 247 Roberts St N, Fargo, Nd 58102 Downt...
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Bostad Apartments 1 Bedroom Apartment For Rent At 117 Broadway N, Fargo, Nd 58102 Downtown...
 20
Bostad Apartments 1 Bedroom Apartment For Rent At 117 Broadway N, Fargo, Nd 58102 Downtown...
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Inspired by scandinavian design, bostad aims to pay tribute to our region's prominent nordic ties. Limited loft apartments available! Units feature washer and...