Is Fargo, OK 73840 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Fargo is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Fargo housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Ellis County, OK

Population	509
Median income	$71,932
Average income	$79,574
Median home value	$130,800
Median rent	$640/month
Owner-occupied	83% of homes
Median year built	1973

Natural hazard riskWinter storms (very high), wildfire (relatively high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 73840; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 73840

Prefilled for 73840Can I win this house?Multiple-offer likelihood for a listing Prefilled for 73840Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arnett 73832Buyer’s market $53 /sq ft Fort Supply 73841 $35 /sq ft Gage 73843Buyer’s market $90 /sq ft Shattuck 73858Buyer’s market $53 /sq ft Browse all markets →

Where Fargo is

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Questions about Fargo real estate

What are property taxes in Fargo?

About 0.74% of a home’s value a year in Ellis County, or roughly $2,960 on a $400,000 home.

Local agents

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More tools for 73840

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Ellis County property taxes Ellis County loan limits Closing costs in Oklahoma Hottest ZIP codes in Oklahoma

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology