Is Fargo, ND 58103 a buyer’s or seller’s market?
Fargo is a seller’s market. With about 2.2 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 70% of U.S. ZIP codes, and #5 of 20 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fargo housing market right now
In the three months ending August 31, 2026, 24% of homes in Fargo, ND 58103 sold above their list price, the typical home went under contract in 23 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 155 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold faster (28 days then) and the median sale price held steady to $268,384. Overall, Fargo is about as competitive as it was a year ago.
Within Cass County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Fargo ranks #5 of 20 ND ZIP codes with enough sales (score 66 out of 100).
Nearby, buyers who want less competition could look at Kindred 58051 (0% sold over asking) or Fingal 58031 (0% sold over asking), while Argusville 58005 (100% sold over asking) and Ayr 58007 (100% sold over asking) are even more competitive.
Run the numbers for 58103
Nearby markets
Argusville 58005 $189 /sq ftArthur 58006 — /sq ftAyr 58007 $310 /sq ftBuffalo 58011 — /sq ft Browse all markets →Towns like Fargo nearby
Find towns like Fargo in other states →Where Fargo is
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Questions about Fargo real estate
Is Fargo a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Fargo, ND 58103 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fargo?
The typical home went under contract in 23 days in the latest three months.
Do homes in Fargo sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Fargo?
About 1.20% of a home’s value a year in Cass County, or roughly $4,800 on a $400,000 home.
What is the median home price in Fargo?
The median sale price was $268,384 in the three months ending August 31, 2026, about $159 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology