Cass County · Fargo · population 136,285
Where Fargo stands
At or near all-time high. home values up 4.1% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 24.3 price-to-rent ratio, the math is starting to lean toward renting in Fargo. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.
How the momentum score breaks down
methodology →Fargo has held up across the cycle: home values at $318,584 with +4.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Fargo's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Fargo
Fargo is a city in Cass County, North Dakota, with an estimated population of 136,285. The population grew 2.0% annually from 2020 to 2024, a moderate gain. The median home value in Fargo is $318,584 as of 2026-04, up 4.1% over the last 12 months. Over the last five years, home values have averaged +4.7% annual growth, with prices at or near the 5-year peak. Rents in Fargo average $1,092 per month, up 3.6% year-over-year. The composite momentum score is 72 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Fargo (Wikipedia)
Fargo is the most populous city in the U.S. state of North Dakota. The population was 125,990 at the 2020 census and estimated at 136,285 in 2024. Fargo and its twin city of Moorhead, Minnesota, form the core of the Fargo–Moorhead metropolitan area, which had a population of 248,591 in 2020. It is the county seat of Cass County.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
City facts
Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Cass County right now.
Public-safety links are official .gov sources, not curated by us. Cass County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Fargo
33 tracked · ranked by median home valueSee the full neighborhood ranking →
Cities like Fargo
Run the numbers for Fargo
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Fargo listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Fargo Republican enters District 11 House race as write-in candidateNorth Dakota Monitor · 6h ago
- Noah Meidinger dominating javelin in North DakotaInForum · 6h ago
- Fargo needle program distributed 3.1 million syringes since 2018, 710 boofing kits since 2024Valley News Live · 4h ago
- Police urge North Dakota gun owners to know suppressor lawsGrand Forks Herald · 9h ago
- Rep. Fedorchak to host Trump Accounts sign-up event in FargoWDAY Radio · 7h ago
- Ten North Dakota high school seniors are named U.S. Presidential Scholar semifinalists – The FlagAM 1100 and FM 92.3 WZFG · 6h ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Fargo area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Fargo
Explore other places with comparable momentum or affordability.