Interactive Market Snapshot: Fargo, Moorhead & West Fargo
The Fargo-Moorhead real estate market entered 2026 with remarkable stability. For buyers and sellers, the current environment is defined by low winter competition and a distinct price-gap between core urban areas and high-growth rural corridors.
Fargo vs. Moorhead: Side-by-Side Cost Audit
| Comparison Factor | Fargo, ND | Moorhead, MN |
|---|---|---|
| Primary Home Credit | Up to $1,600 Primary Residence Credit | Homestead Credit (Income Dependent) |
| Special Assessments | Significant (Total varies $15k-$40k+) | Lower (Typically built into mill levy) |
| Est. City Utilities | Approx. $50-$60/mo (Water/Sewer/Trash) | Approx. $100-$110/mo (Includes base fees) |
| New Build Incentive | 2-Year Partial Exemption (up to $150k value) | 2-Year General Tax Rebate (Full value) |
Market Analysis for Sellers
A 90-day DOM represents a balanced market. Sellers who price technically are successfully capturing the "New Year Relocation" wave. Currently, properties in West Fargo priced under $400k are seeing the highest velocity. Request a live Cass/Clay County data audit for your home →
The "Tax Arbitrage" Opportunity for Buyers
Leveraging the North Dakota Primary Residence Credit ($1,600) vs. Minnesota’s income-dependent rebates can change your monthly "carry" significantly. For acreage buyers, explore our Rural Property Guide to see how price-per-square-foot compares across state lines.
New Construction: Representation Matters
Builder incentives across Horace and Mapleton are high. Our New Construction Masterclass explains how to represent your own interests when visiting a model home.
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Market Trends
Real Estate Market Insights: Fargo & Moorhead
As of early 2026, the average home price in Fargo-Moorhead remains stable near $370,000. While urban Fargo values are steady, we are seeing high growth in suburban and rural corridors where buyers can often find more square footage for their budget.
North Dakota homeowners can apply for the Primary Residence Credit, which offers up to $1,600 in tax relief. In contrast, Minnesota utilizes a Homestead Credit Refund system that is primarily dependent on household income levels. Understanding these differences is essential for calculating your true monthly "carry" cost.
The current Average Days on Market (DOM) is approximately 90 days. While hot properties priced under $350,000 can move much faster, the winter market typically sees a more balanced pace, giving buyers more time for inspections and professional due diligence.
Yes. Many builders in areas like Horace and West Fargo currently offer rate buy-downs or appliance packages to offset higher interest rates. Additionally, Moorhead provides a 2-year property tax rebate on new builds, making newly constructed homes highly competitive with the existing inventory.
We are currently seeing excellent value in established North Moorhead neighborhoods and the expanding South Fargo developments. For those seeking lower down payments, USDA Rural Development Loans remain a powerful tool for properties in surrounding towns like Glyndon or Mapleton.