Investor-grade market analytics for Fargo, North Dakota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$313,130
+3.6% year-over-year
4.2%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
In-migrants avg $54,240 AGI vs out-migrants $66,126
Opportunity Zone Market
5 ZIP codes in Fargo are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Fargo, ND-MN shows steady growth at 3.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.15x, below the national average of 4.8x. Modest net positive migration (+579 returns/year) provides steady demand support. Climate risk remains low (38/100), favorable for long-term investment stability. Rental yield of 4.23% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Fargo, ND-MN's primary climate exposure is wind storms (70/100). The composite climate risk score of 38/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.