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Fargo, ND Home Values and Rents

The typical home value in Fargo is $321,568, 9th highest of 53 cities and towns in North Dakota. Median rent is $1,094 a month.

Typical home value
$321,568
9th of 53 in ND
Median rent
$1,094/mo
Zillow observed rent
Price change, 1 year
+4.1%
Sep 2026
Homeownership
43.7%
ND: 62.9%

Home sale prices in the Fargo, ND-MN area

Zillow median sale price, Sep 2026

$319,316+3.2% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Fargo

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodFargo
Sep 2026$321,568
Dec 2025$315,486
Dec 2024$303,327
Dec 2023$291,120
Dec 2022$284,047
Dec 2021$268,700
Dec 2020$250,978
Dec 2019$250,831
Dec 2018$234,131
Dec 2017$234,139
Dec 2016$232,441
Dec 2015$222,635
Dec 2014$198,987
Dec 2013$185,571
Dec 2012$173,978

Over five years, Fargo prices changed +21.6%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
158104$359,400$1,115+3.5%+35.2%
258103$242,400$857+2.8%+32.6%
358102$242,200$836+3.7%+30.4%

Fair Market Rents, FY2027

HUD rent standard for Fargo, ND-MN MSA

ND rents
Unit sizeMonthly rentvs FY2026
Studio$781+1.7%
1 bedroom$903-1.5%
2 bedrooms$1,104-0.7%
3 bedrooms$1,529-1.2%
4 bedrooms$1,845-1.1%

Frequently asked questions

What is the typical home value in Fargo, ND?
The typical home value in Fargo is $321,568 (Zillow Home Value Index, Sep 2026). The North Dakota median is $249,900.
How much is rent in Fargo?
The median rent in Fargo is $1,094 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,104.
Are home prices going up in Fargo?
The typical home value in Fargo changed +4.1% over one year and +21.6% over five years, as of Sep 2026.
How does Fargo compare with the rest of North Dakota?
Fargo has the 9th highest median home value of 53 cities and towns with 1,000+ residents in North Dakota.
Which ZIP code in Fargo has the highest home values?
ZIP code 58104 has the highest median home value at $359,400, and 58102 has the lowest at $242,200.