Real Estate

The greater Fargo Moorhead area offers affordable housing options ranging from downtown condominiums and lofts, to rural community living, to a home on the lake. Plus, we've got a great quality of life. Fargo Moorhead was named the most secure mid-size city in the U.S. by Farmer's Insurance. The insurer's 2009 national survey studied the most secure cities with populations of 150,000 to 500,000. "The city boasts restaurants, boutiques, art galleries, nightclubs, and the FARGODOME," the article says. "Fargo's diverse economy has kept the city steady. There is still an agricultural presence, but Fargo is also home to many health-care facilities and one of Microsoft's major campuses."

Average Purchase Price

Existing Homes $157,100*
New Home Construction $211,400**

Sources: City of Fargo, Assessor, November 2010
 

Apartment Rental Ranges

Efficiency $250 - $500
1 Bedroom $400 - $600
2 Bedroom $450 - $750
3 Bedroom $700 - $900

Sources: Coldwell Banker First Realty, December 2010

Cost of Housing

* This home price reflects newly constructed homes with specific features.
** This is the average national new home price based on the ACCRA Cost of Living Index, third quarter 2010 data.
Source of Housing Index and New Home Price: ACCRA Cost of Living Index, third quarter 2010 data; measures the related price levels compared against the national average, which is a base of 100. Cost of living indexes below 100 indicate prices lower (less expensive) than the national average. Cost of living indexes above 100 indicate prices that are higher (more expensive) than the national average. Source of Existing Home Purchase Price: National Association of Realtors third quarter 2010 statistics.

Considering a Move?
For details regarding housing incentives and tax exemptions in each community, visit the Home Builders Association of F-M.

From realtors to apartment hunters, moving vans to storage units, visit our Business Directory for referrals of members to help with all your moving needs or call 218.233.1100.