Fargo, ND

Metro area in North Dakota · Updated Jan 2026

12-Month Forecast ↑ +0.1%

Median Home Value

$313,130

↑ +3.6%

Year-over-year

Median Rent

$1,105/mo

↑ +3.3%

Year-over-year

Rental Yield

4.2%

Average yield

5-Year Appreciation

+25.3%

Income Needed to Buy

$84,916

20% down, 30% DTI max

Active Listings

764

For-sale inventory

Price-to-Rent Ratio

23.6

Favors renting

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.7%

12 Months

↑ +0.1%

5-Year Price Trend

Calculate your mortgage for Fargo, ND

See monthly payments for a $313,130 home →

Should you rent or buy in Fargo, ND?

Price-to-rent ratio: 23.6x — Renting may be smarter. Run a full breakeven analysis with Fargo, ND numbers pre-filled →

Frequently Asked Questions