Cities with the fastest growing home prices in Fargo metro area

Written by:
January 19, 2023
Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Fargo metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Fargo, ND-MN metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 15 cities and towns with data available were included in the list.

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1 / 15
Stacker

#15. Ulen, MN

- 1-year price change: +$5,383 (+2.9%)
- 5-year price change: +$43,640 (+29.9%)
- Typical home value: $189,753 (#15 most expensive city in metro)
2 / 15
Stacker

#14. Borup, MN

- 1-year price change: +$8,263 (+4.4%)
- 5-year price change: +$43,640 (data not available)
- Typical home value: $197,514 (#14 most expensive city in metro)
3 / 15
Stacker

#13. Hawley, MN

- 1-year price change: +$15,764 (+5.5%)
- 5-year price change: +$69,428 (+30.0%)
- Typical home value: $300,854 (#6 most expensive city in metro)
4 / 15
Stacker

#12. Sabin, MN

- 1-year price change: +$16,263 (+6.1%)
- 5-year price change: +$69,428 (data not available)
- Typical home value: $281,666 (#8 most expensive city in metro)
5 / 15
Stacker

#11. Barnesville, MN

- 1-year price change: +$17,391 (+6.9%)
- 5-year price change: +$69,505 (+35.1%)
- Typical home value: $267,764 (#12 most expensive city in metro)

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6 / 15
Stacker

#10. Casselton, ND

- 1-year price change: +$21,872 (+8.5%)
- 5-year price change: +$62,023 (+28.7%)
- Typical home value: $277,805 (#10 most expensive city in metro)
7 / 15
Stacker

#9. Mapleton, ND

- 1-year price change: +$22,622 (+8.8%)
- 5-year price change: +$53,296 (+23.7%)
- Typical home value: $278,260 (#9 most expensive city in metro)
8 / 15
Stacker

#8. Fargo, ND

- 1-year price change: +$25,134 (+9.6%)
- 5-year price change: +$60,811 (+26.8%)
- Typical home value: $287,800 (#7 most expensive city in metro)
9 / 15
Stacker

#7. Kindred, ND

- 1-year price change: +$25,706 (+8.0%)
- 5-year price change: +$69,808 (+25.2%)
- Typical home value: $346,757 (#2 most expensive city in metro)
10 / 15
Stacker

#6. Glyndon, MN

- 1-year price change: +$26,407 (+9.6%)
- 5-year price change: +$78,360 (+35.1%)
- Typical home value: $301,842 (#5 most expensive city in metro)

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11 / 15
Stacker

#5. Moorhead, MN

- 1-year price change: +$26,641 (+11.3%)
- 5-year price change: +$61,089 (+30.2%)
- Typical home value: $263,433 (#13 most expensive city in metro)
12 / 15
Stacker

#4. Dilworth, MN

- 1-year price change: +$27,830 (+11.5%)
- 5-year price change: +$67,431 (+33.2%)
- Typical home value: $270,731 (#11 most expensive city in metro)
13 / 15
Stacker

#3. West Fargo, ND

- 1-year price change: +$30,224 (+10.2%)
- 5-year price change: +$71,959 (+28.4%)
- Typical home value: $325,099 (#4 most expensive city in metro)
14 / 15
Stacker

#2. Harwood, ND

- 1-year price change: +$33,774 (+11.5%)
- 5-year price change: +$71,959 (data not available)
- Typical home value: $326,659 (#3 most expensive city in metro)
15 / 15
Stacker

#1. Horace, ND

- 1-year price change: +$41,301 (+11.7%)
- 5-year price change: +$97,123 (+32.5%)
- Typical home value: $395,707 (#1 most expensive city in metro)

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