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Area data

Fargo, ND — ZIP 58103

Population: 48,796 (Census ACS)

Home values & appreciation

Median home value
$273,576
1-year appreciation
+3.3%
3-year appreciation
+8.7%
5-year appreciation
+20.4%
10-year appreciation
+34.5%
All-time peak (2026-03)
$273,938
House Price Index
453.0 (+6.4% YoY)

Market activity

1-year forecast
+1.1%
Days to pending
44 days
New listings (monthly)
57

Rents

Typical rent
$852/mo
1-year rent change
+3.5%
1BR fair-market rent
$860/mo
3BR fair-market rent
$1,450/mo

Affordability

Cost of living index (Below Average)
91.5 (100 = US avg)
Electricity rate (state-level)
11.8¢/kWh
Natural gas rate (state-level)
$9.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
11
Elementary schools
7
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
iceStorm, strongWind, winterWeather, hail, coldWave

Climate (30-year normals)

Average annual temperature
42.0°F
Average high
52.0°F
Average low
31.0°F
Annual precipitation
23.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
50
Days with Good air quality
180
Days with Unhealthy air quality
2

Amenities

Nearest airport
Hector International Airport (FAR) (6 mi)
Nearest major airport
Hector International Airport (FAR) (6 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
35
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+476 tax filers

Housing stock

Median year housing built
1,982
Median annual property tax
$3,008
Mean commute to work
14 min
Households with broadband internet
76.8%

Employment & development

Total county employment
112,358
Average weekly wage
$1,243
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
720

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents