Moorhead, MN housing market
Home prices around Moorhead have risen about 35% over the past 5 years. Builders were permitted 139 new homes in 2025.
Home values, sales, trends and how Moorhead compares with the towns next door — updated as new data is published.
Home prices up 35% in 5 years
The federal house price index for the ZIP code around Moorhead rose 35% over the past 5 years, about the same as across Minnesota. Last year prices rose 4%. Carrying the Census median home value forward with that index puts the typical Moorhead home at roughly $343,000 today.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +4% | +164% | +127% |
| 2024 | +4.3% | +154% | +120% |
| 2023 | +5.6% | +143% | +113% |
| 2022 | +10% | +130% | +104% |
| 2021 | +6.9% | +109% | +82% |
| 2020 | +1.4% | +96% | +66% |
| 2019 | +0.6% | +93% | +61% |
| 2018 | +2.1% | +92% | +55% |
| 2017 | +3.4% | +88% | +46% |
| 2016 | +5.7% | +82% | +38% |
| 2015 | +6.7% | +72% | +32% |
| 2014 | +7.2% | +61% | +28% |
| 2013 | +3.6% | +50% | +21% |
| 2012 | +2.7% | +45% | +16% |
| 2011 | −3.3% | +41% | +18% |
| 2010 | +0.9% | +46% | +25% |
| 2009 | +0.8% | +45% | +33% |
| 2008 | 0% | +43% | +42% |
| 2007 | +1.6% | +43% | +48% |
| 2006 | +2.6% | +41% | +49% |
| 2005 | +8.5% | +38% | +45% |
| 2004 | +9.7% | +27% | +34% |
| 2003 | +4.2% | +16% | +23% |
| 2002 | +5.5% | +11% | +18% |
| 2001 | +5.1% | +5.1% | +9.2% |
| 2000 | — | — | — |
How Moorhead ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56560, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
139 new homes permitted in 2025
Builders were permitted 139 new homes in Moorhead in 2025: 103 single-family houses and 36 in buildings with two or more homes, worth about $36.3 million to build. That's 3.1 per 1,000 residents, about the pace of Minnesota as a whole. Over the past 10 years, Moorhead has permitted 2,599 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Moorhead gained 6,440 residents while 2,976 new homes were permitted: about 2.2 new residents per new home. Building and growth moved roughly in step. Across Minnesota: 2.2 new residents per new home.
How Moorhead ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 34 | 34 | 0 | $20.7 million |
| 2025 | 139 | 103 | 36 | $36.3 million |
| 2024 | 227 | 72 | 155 | $42.3 million |
| 2023 | 335 | 111 | 224 | $56.4 million |
| 2022 | 198 | 59 | 139 | $38.1 million |
| 2021 | 284 | 108 | 176 | $49.9 million |
| 2020 | 231 | 129 | 102 | $41.2 million |
| 2019 | 206 | 125 | 81 | $35 million |
| 2018 | 329 | 134 | 195 | $47.9 million |
| 2017 | 163 | 118 | 45 | $27.9 million |
| 2016 | 487 | 145 | 342 | $61 million |
| 2015 | 507 | 199 | 308 | $65.6 million |
| 2014 | 401 | 185 | 216 | $54 million |
| 2013 | 407 | 131 | 276 | $43.8 million |
| 2012 | 148 | 88 | 60 | $17.8 million |
| 2011 | 165 | 84 | 81 | $23.1 million |
| 2010 | 163 | 163 | 0 | $24.7 million |
| 2009 | 277 | 177 | 100 | $31.5 million |
| 2008 | 398 | 197 | 201 | $42.4 million |
| 2007 | 339 | 233 | 106 | $42.4 million |
| 2006 | 518 | 335 | 183 | $58.7 million |
| 2005 | 523 | 333 | 190 | $59.8 million |
| 2004 | 491 | 309 | 182 | $52.5 million |
| 2003 | 369 | 205 | 164 | $34.3 million |
| 2002 | 373 | 212 | 161 | $33.5 million |
| 2001 | 122 | 116 | 6 | $13.8 million |
| 2000 | 144 | 100 | 44 | $14 million |
How Moorhead ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Moorhead and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Moorhead | — | +4%† | $1,170 | 139 | $72,761 |
| Fargo | $324K | +4.2% | $1,120 | 860 | $66,998 |
| Moorhead | $289K | +2.1% | $1,170 | — | $156,696 |
| Dilworth | $293K | +1% | $1,150 | 83 | $90,694 |
| Oakport | — | +3.9%† | $1,160 | — | $114,519 |
| Glyndon | $361K | +3.5% | $1,030 | — | $110,000 |
† FHFA price index change, where Zillow has no home value for the town.
3.4 years of income
The typical Moorhead home costs about 3.4 years of the town's median household income, less than across Minnesota (3.9 years).
How Moorhead ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,170
HUD's Fair Market Rent for a two-bedroom in Moorhead is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Moorhead pay a median of $1,033, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.
Studio $810 · 4 bedrooms $1,960
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56560; Fargo, ND-MN MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.