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 Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1972|
|Median Value of occupied units||$98,700|
|Median Price asked for vacant units||$90,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.85|
|Median year structure was built||1979|
|Median Monthly Rent asked for vacant units||$420|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||8.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|