fontaine realtor
Fargo market 2025
Let's talk about our current market!
As of January 2025, the Fargo, North Dakota housing market exhibits a somewhat competitive landscape. The median sale price for homes in Fargo is approximately $322,000, reflecting a significant 15.3% increase over the past year. Additionally, the median sale price per square foot has risen by 16.2% to $154. Homes in Fargo typically remain on the market for about 36 days before sale, indicating a brisk pace in property transactions.
Looking ahead, forecasts suggest a potential moderation in home prices. Data indicates that by September 2025, home prices in the Fargo Metropolitan Statistical Area (MSA) may experience a slight decline of approximately 2.6%. This anticipated decrease contrasts with the recent upward trend, suggesting a possible stabilization or cooling of the market in the coming months.
The Fargo-Moorhead housing market is expected to experience increased activity in 2025. Projections indicate a rise in both the supply of available homes and buyer demand, as more individuals who had previously delayed transactions due to higher mortgage rates decide to enter the market. This increased activity is anticipated to exert upward pressure on home prices, with experts forecasting a moderate appreciation of about 2.6% nationally, which could be mirrored in the Fargo-Moorhead area.
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