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Home appreciation in Fargo, ND

Over the five years ending 2025, home prices in Fargo, ND grew an average of 6.4% a year.

Price growth at a glance

1-year

+4.1%

2025 over 2024. North Dakota: +5.4%.

5-year, per year

+6.4%

Average annual growth, 2020 to 2025. North Dakota: +6.3%.

10-year, per year

+4.7%

+58.1% in total since 2015. North Dakota: +4.1%.

How does your home compare?

Fargo, ND home prices rose 58.1% over the ten years to 2025, while its ZIP codes ranged from +37.7% to +84.8%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Fargo, ND compares with North Dakota

The metro and its state moved almost together over that window. For five-year price growth, Fargo, ND ranks 374th out of 409 metros nationwide and 1st out of 4 in North Dakota.

Index, 2005 = 100

Fargo, ND-MN and North Dakota, quarterly house price index rebased to 100 in 2005.
YearFargo, ND-MNNorth Dakota
2005 Q1100100
2005 Q2104103
2005 Q3104105
2005 Q4105107
2006 Q1105107
2006 Q2107111
2006 Q3107112
2006 Q4108112
2007 Q1109114
2007 Q2109116
2007 Q3110116
2007 Q4110117
2008 Q1111119
2008 Q2110119
2008 Q3111119
2008 Q4111120
2009 Q1112121
2009 Q2112121
2009 Q3111121
2009 Q4110122
2010 Q1111122
2010 Q2110122
2010 Q3112123
2010 Q4113124
2011 Q1112125
2011 Q2111127
2011 Q3113128
2011 Q4112129
2012 Q1113130
2012 Q2113134
2012 Q3115136
2012 Q4115140
2013 Q1117142
2013 Q2119145
2013 Q3122151
2013 Q4123153
2014 Q1125154
2014 Q2129156
2014 Q3131160
2014 Q4132163
2015 Q1133164
2015 Q2137166
2015 Q3141169
2015 Q4141169
2016 Q1143169
2016 Q2145170
2016 Q3148172
2016 Q4148172
2017 Q1148173
2017 Q2150172
2017 Q3151174
2017 Q4151173
2018 Q1152174
2018 Q2154175
2018 Q3154175
2018 Q4154176
2019 Q1155177
2019 Q2157179
2019 Q3157181
2019 Q4158181
2020 Q1159182
2020 Q2158182
2020 Q3161184
2020 Q4163187
2021 Q1163187
2021 Q2170192
2021 Q3177199
2021 Q4179203
2022 Q1184206
2022 Q2194217
2022 Q3197220
2022 Q4198221
2023 Q1199220
2023 Q2202227
2023 Q3205229
2023 Q4205229
2024 Q1203230
2024 Q2208236
2024 Q3213240
2024 Q4214239
2025 Q1213243
2025 Q2221249
2025 Q3220253
2025 Q4219252
2026 Q1222252
2026 Q2230260

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +4.7% a year over ten years, +58.1% in total.

Over this history, home prices rose in every year.

The strongest year was 2022 at +12.4%, and the weakest was 2010 at +0.1%.

In 2025 alone the index moved +4.1%, against +5.4% for the state.

ZIP codes in Fargo, ND

Over the ten years to 2025, the 13 ZIP codes FHFA measures in this metro ranged from +37.7% in 58059 to +84.8% in 58051, while the metro as a whole rose 58.1%.

Fastest-rising ZIP codes

10-year change

  1. 58051+84.8%
  2. 56514+71.8%
  3. 56547+68.4%
  4. 56549+63.4%
  5. 58012+57.3%

Slowest-rising ZIP codes

10-year change

  1. 58059+37.7%
  2. 58078+49.5%
  3. 58104+50.5%
  4. 58047+52.9%
  5. 56560+53.5%
ZIP codes in Fargo, ND-MN ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
58051+15.3%+7.4%+6.3%+84.8%
56514+11.6%+7.6%+5.6%+71.8%
56547+2.0%+7.9%+5.3%+68.4%
56549-1.7%+6.7%+5.0%+63.4%
58012+8.6%+5.8%+4.6%+57.3%
56529+5.1%+6.1%+4.6%+56.6%
58102+3.7%+5.4%+4.4%+54.0%
58103+2.8%+5.8%+4.4%+53.8%
56560+4.0%+6.2%+4.4%+53.5%
58047-3.1%+5.8%+4.3%+52.9%
58104+3.5%+6.2%+4.2%+50.5%
58078+3.2%+5.9%+4.1%+49.5%
58059+0.3%+3.5%+3.3%+37.7%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Fargo, ND-MN and North Dakota, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006103.5+3.5%106.3
2007106.1+2.4%111.5
2008107.3+1.1%115.0
2009107.8+0.5%116.8
2010107.9+0.1%118.2
2011108.4+0.5%122.6
2012110.4+1.8%130.0
2013116.2+5.2%142.1
2014125.1+7.7%152.5
2015133.6+6.7%160.7
2016141.4+5.8%164.4
2017145.1+2.6%166.6
2018148.6+2.4%168.3
2019151.6+2.0%172.8
2020155.2+2.4%176.9
2021166.7+7.4%188.2
2022187.3+12.4%207.7
2023196.1+4.7%217.8
2024202.9+3.5%227.4
2025211.2+4.1%239.8

The 4 measured metros in North Dakota

Measured metros in North Dakota ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Fargo, ND-MN+4.1%+6.4%+4.7%
2Bismarck, ND+3.9%+6.2%+3.6%
3Grand Forks, ND-MN+4.7%+6.0%+4.1%
4Minot, ND+6.3%+5.7%+3.1%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. The metro spans ND, MN; the comparison uses North Dakota, the state of its principal city. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the North Dakota row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2