Fargo, ND 58124 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Fargo, ND — 58124
Median Listing Price
--
Population
--
Households
83,945
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
89K
units
Occupied
83,945
94.3%
Vacant
5,093
5.7%
2024 Tenure
84K
occupied
Owner
43,623
52.0%
Renter
40,322
48.0%
Renter Share
48.0%
+0.1% YoY
Total Housing Units
89,038
+1.8% YoY
FY2026 Fair Market Rent — Cass County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$768
/month
1 BR
$917
/month
2 BR
$1,112
/month
3 BR
$1,547
/month
4 BR
$1,865
/month
FMR Trends — Cass County
Source: HUD Fair Market Rents
County Demographics
Median Age
32.8
2024
Population
Cass County Population
200,945
+1.4% YoY
Households
Total Households
83,945
+2.8% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.23
-0.4% YoY
Age
2024 Age Mix
193K
residents
Under 18
42,900
22.2%
Adults 18–64
125,346
64.8%
65 & Over
25,154
13.0%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
42,900
+1.3% YoY
Population 65 & Over
25,154
+4.1% YoY
Median Age
32.80
-0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
80.3%
Moved (within US)
19.1%
Other
0.6%
Veterans
5.5%
-3.5% YoY
County Economy
Income
Median Household Income
$76K
+0.7% YoY
Per-Capita Income
$46K
+2.4% YoY
Mean Household Income
$104K
+1.9% YoY
Poverty
Below Poverty Level
11.0%
+6.8% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
78.2%
Public transit
0.5%
Worked from home
10.0%
Other
11.3%
Worked From Home
10.0%
+14.9% YoY
Mean Commute
17.10
-2.3% YoY
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