Metropolitan market · North Dakota · June 2026 data

Fargo Real Estate Market

The Fargo, ND housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Fargo report in a click.

Median listing price
$379,380
▼ 3.9% YoY
Median $ / sq ft
$183
2,032 sq ft median
Median days on market
49
June 2026
Active listings
730
For sale now
New listings
368
June 2026
Listings with price cuts
14%
Share of active
Median listing price trend
$395K$387K$379K$371K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Fargo ND · trailing 8 quarters · source: public records and industry data.

The 10-year view
$399K$364K$329K$295K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Fargo ND · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
730
New this month
368
Pending
595
Price-reduced
105

As of June 2026, the median home listed in Fargo, ND asks $379,380 — down 3.9% from a year ago. Homes are taking a median of 49 days to go under contract, and 14% of the 730 active listings have taken a price cut, which points to a balanced market. Figures cover the Fargo, ND-MN metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
62/100
#212 of 932 covered metros
12-month outlook
+2.6%
▲ Rising · model output, not advice
Price volatility
Low
σ 3.2% · 20-yr price-index swings
Momentum
48
Value
74
Rental yield
37
Supply risk
19
Market heat
75

Fargo scores 62/100 on our composite Investor Score (#212 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 36% over five years and +56% over ten, leaving prices 12% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,112/mo for a two-bedroom, the gross rental yield on the median listing is about 3.5%; active inventory sits at 56% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 3.9% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Fargo ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,710/mo
−$194/mo vs today
At today's rate · 6.43%
$1,904/mo
National weekly average
If rates rise 1% · 7.43%
$2,108/mo
+$203/mo vs today

Principal & interest on the $379,380 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
1,498
▲ 0.7% vs 2024
5.9 per 1,000 residents
Net migration (2022–2023)
+382
▲ people, via tax-return records
net income flow −$39.0M/yr
Job growth (YoY)
-1.2%
▼ 153.0k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Fargo market FAQs

What is the median home price in Fargo?
As of June 2026, the median listing price in Fargo, ND is $379,380, down 3.9% year over year (source: public records and industry data). Figures cover the Fargo, ND-MN metro area.
How fast are homes selling in Fargo?
The median property in Fargo spends 49 days on the market, with 730 homes actively listed and 14% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Fargo?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Fargo and the wider North Dakota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Fargo, ND-MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.