Fargo, ND Real Estate

According to census data in the year 2000 there were 41,277 housing units in Fargo. This represents a 30.2% growth from 31,711 in 1990.

Of those housing units, 41,224 were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.

Homeownership rate in Fargo is about 47.1%. Fargo's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Fargo were built after 1976.


Housing Size

Housing Units by Size
Studio Type5.40%
One Bedroom16.40%
Two Bedrooms37.20%
Three Bedrooms25%
Four Bedrooms12.80%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1972
Median Value of occupied units$98,700
Median Price asked for vacant units$90,000

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1979
Median Monthly Rent asked for vacant units$420

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.50%
Home Equity Loan8.60%
Simple Mortgage59.40%
Debt Free23.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%