Home Values in West Fargo, North Dakota — 2026 Market Report
Updated March 2026 | Seller's Market | +2.7% YoY
The median home value in West Fargo, North Dakota is $315,000 as of March 2026, which is below the national median of $400,000. Home values in West Fargo have increased by 2.7% over the past year and 14.2% over the last five years. With a population of 38,626 and a median household income of $68,250, the price-to-income ratio stands at 4.6x, making West Fargo affordable for the average household.
West Fargo Housing Market Conditions
| Metric | West Fargo | National Avg |
|---|---|---|
| Median Home Value | $315,000 | $400,000 |
| YoY Appreciation | +2.7% | +3.8% |
| 5-Year Appreciation | +14.2% | +22.4% |
| Price per Sq Ft | $95 | $222 |
| Days on Market | 42 days | 45 days |
| Months of Supply | 2.8 | 3.5 |
| List-to-Sale Ratio | 98.7% | 98.5% |
| Monthly Homes Sold | 36 | — |
| Foreclosure Rate | 0.32% | 0.3% |
Home Value Trends in West Fargo
A homeowner who purchased at the median price of $275,832 five years ago in West Fargo would have gained approximately $39,168 in equity, representing a 14.2% return on investment. Over the past year alone, the typical homeowner gained $8,281 in home equity.
Affordability in West Fargo, ND
With a median household income of $68,250 and a median home price of $315,000, the price-to-income ratio in West Fargo is 4.6x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,797 compared to estimated monthly ownership costs of $1,753 gives a rent-vs-buy ratio of 0.98. In West Fargo, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in West Fargo
The effective property tax rate in North Dakota is 0.98%. On a home valued at $315,000, the estimated annual property tax bill is $3,087, or approximately $257/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in West Fargo is 93.5 (100 = national average), indicating living costs are below the national average.
Calculate Your Mortgage Payment in West Fargo
Use our free calculator to estimate monthly payments for a $315,000 home
Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in West Fargo, ND?
The median home value in West Fargo, North Dakota is $315,000 as of March 2026. Home values have changed +2.7% over the past year, with a 5-year appreciation of 14.2%.
Is West Fargo a buyer's or seller's market?
West Fargo is currently a seller's market with 2.8 months of housing supply. Homes spend an average of 42 days on market, and the list-to-sale price ratio is 98.7%. Low inventory gives sellers an advantage.
Are home values going up in West Fargo?
Yes, home values in West Fargo have increased by 2.7% over the past year. The 5-year appreciation rate is 14.2%, meaning a home worth $275,832 five years ago is now worth $315,000.
Is it better to rent or buy in West Fargo?
The average monthly rent in West Fargo is $1,797, while estimated monthly homeownership costs are approximately $1,753. The price-to-rent ratio is 14.6. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other North Dakota Cities
Related Resources
Disclaimer: Home value data for West Fargo, North Dakota is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.