Real Estate

Fargo Moorhead topped the list of U.S. cities ranked on 200 environmental, health and quality of life indicators compiled in the 2007 Urban Environment report released by the Earth Day Network. The report found that Fargo Moorhead has the lowest percentage of population at risk from environmental hazards. The nation’s 50 largest cities and the largest city in each state were scrutinized in seven categories: toxins and waste; air quality; drinking and surface water; quality of life; parks and recreation opportunities; public health; and global warming and climate change.

The greater Fargo Moorhead area offers affordable housing options ranging from downtown condominiums and lofts, to rural community living, to a home on the lake.

 

Average Purchase Price

Existing Homes                            $150,543*
New Home Construction              $221,000**

Apartment Rental Ranges

Efficiency                                      $230 - $420
1 Bedroom                                   $390 - $625
2 Bedroom                                   $440 - $740

Cost of Housing

City/State	Housing Index	Home Price
National Average	100	$223,800
Fargo, ND-Moorhead, MN	82.4	$139,000
Boston, MA	159.7	$413,300
Des Moines, IA	87	$147,700
Minneapolis, MN	N/A	$227,100
Omaha, NE	78	$136,800
San Jose, CA	248	$865,000
Sioux Falls, SD	80.2	$142,300

      
Source of Housing Index: ACCRA Cost of Living Index, second quarter 2007 data, published in August 2007; measures the relative price levels compared against the national average, which is a base of 100. Cost of living indexes below 100 indicate prices lower (less expensive) than the national average. Cost of living indexes above 100 indicate prices that are higher (more expensive) than the national average. Source of Home Purchase Price: National Association of Realtors® second quarter 2007 statistics

 

Considering a Move?
For details regarding housing incentives and tax exemptions in each community, visit the Home Builders Association of F-M.

From realtors to apartment hunters, moving vans to storage units, visit our Business Directory for referrals of members to help with all your moving needs or call 218.233.1100.