A typical Fargo home is worth about $119,000
Down 0.6% in a year, 47% below the Oklahoma typical home.
What kind of housing town is Fargo?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Fargo
Try your own numbers below.
That covers a typical Fargo home, with $138K to spare.
A two-bedroom rents for about $1,270 a month here, $570 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Oklahoma typical property tax (0.80% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Down 6.4% in five years
Slower than Oklahoma (26.5%).
Show as a table
| January | Fargo | Oklahoma |
|---|---|---|
| 2017 | $101,000 | $130,000 |
| 2018 | $96,000 | $134,000 |
| 2019 | $99,000 | $139,000 |
| 2020 | $107,000 | $148,000 |
| 2021 | $119,000 | $163,000 |
| 2022 | $132,000 | $185,000 |
| 2023 | $143,000 | $203,000 |
| 2024 | $130,000 | $210,000 |
| 2025 | $128,000 | $217,000 |
| 2026 | $119,000 | $221,000 |
| August 2026 | $119,000 | $223,000 |
A typical Fargo home worth $102K in September 2016 is worth about $119K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,270
Renters already here pay a median of $663, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ellis County, OK): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
87% of Fargo households own their home
Half of Fargo’s homes were built before 1974.
Oklahoma: 66% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Fargo buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.