Listing Office: Beyond Realty
West Fargo Housing Market Report December 2024•Cass County, North Dakota
Housing Prices in West Fargo, ND
How much do homes in West Fargo, ND cost?
Housing Market Conditions
Is West Fargo, ND a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
West Fargo is a Buyer's Market
Difference Since December 2023
At the same time last year, West Fargo was a Seller's Market.
West Fargo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in West Fargo have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in West Fargo was $340,000 in December 2024, up 4.6% from last year, and the median price per square foot was $161.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Fargo | $282.1K | $299.5K | +6.2% |
West Fargo | $325K | $340K | +4.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $302.2K | $130K | -57.0% |
22 Bedrooms | $266K | $270K | +1.5% |
33 Bedrooms | $289.9K | $303.8K | +4.8% |
44 Bedrooms | $354K | $360K | +1.7% |
55+ Bedrooms | $569.4K | $595K | +4.5% |
Summary: West Fargo housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -57.0%. The home price for 2 bedroom homes increased by +1.5%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes increased by +4.5%.
Housing supply in West Fargo, ND
How many homes are available in West Fargo, ND?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
298Last MonthDec 2024 | ||
3282 months agoNov 2024 | -9.1 % Change MoMNov – Dec |
Summary: The West Fargo real estate market had 298 homes for sale in Dec 2024, a 9.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
35Last MonthDec 2024 | ||
452 months agoNov 2024 | -22.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 5 | 5 | 0.0% |
22 Bedrooms | 19 | 18 | -5.3% |
33 Bedrooms | 124 | 107 | -13.7% |
44 Bedrooms | 114 | 108 | -5.3% |
55+ Bedrooms | 66 | 60 | -9.1% |
Summary: West Fargo housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -5.3%. The inventory for 3 bedroom homes decreased by -13.7%. The inventory for 4 bedroom homes decreased by -5.3%. The inventory for 5 bedroom homes decreased by -9.1%.
Asking Price vs. Sold Price
How much do homes in West Fargo, ND cost?
Over Asking Price8 Homes
At Asking Price11 Homes
Under Asking Price16 Homes
If you're buying a home in West Fargo, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in West Fargo in December 2024, down by 22.2% month-over-month. Of the 35 sold homes, 46% were sold under asking, 31% were sold at asking, and and 23% were sold over asking.
Days on Market for West Fargo, ND
How long does it take to sell a home in West Fargo, ND?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days14 Homes
Over 90 Days9 Homes
Avg time on Rocket Homes in West Fargo has remained consistent over time.
Summary: During December 2024, 35 homes were sold in West Fargo; 31% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
61 DaysThis YearDec 2024 | ||
0 Days1 year agoDec 2023 | 0.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in West Fargo had an average listing age of 61 days in Dec 2024, down by .0% compared to the previous year.
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Newest Listings in West Fargo, ND
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Nearby markets
Popular Cities with Homes for Sale in North Dakota
MLS Disclaimers and Copyright
Based on information from Fargo Moorhead MLS, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.