Is now a good time to buy land in Fargo, North Dakota?
Fargo, North Dakota is currently a very hot seller's market with 2.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Dec 2025
2.1 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 4 | 15 | 31 | 68 |
| 1-2 acres | - | 3 | 4 | 8 |
| 2-5 acres | - | 3 | 5 | 6 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 21 | 40 | 83 |
Fargo, North Dakota is currently a very hot seller's market with 2.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Fargo, North Dakota currently has 2.1 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Fargo, North Dakota typically sells within 315 days of listing. The median time on market is 341 days. Properties are moving slowly in the current very hot seller's market.
The current absorption rate in Fargo, North Dakota is 46.7% (3-month basis), indicating strong demand. The top-performing broker in this market is CORE Property Group.
There are currently 15 active listings in Fargo, North Dakota. 2 new listings have hit the market in the last 90 days. The median asking price is $165K.
The 3-month absorption rate in Fargo, North Dakota is 46.7%. The 12-month rate is 46.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Fargo, North Dakota saw 83 properties sold. In just the last 3 months, 21 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.