Fargo, North Dakota, real estate: What you can get for $1.4M
Homeowners, renters feel inflationary pressure as housing costs rise
FOX Business’ Madison Alworth explains how homeowners and renters alike are feeling market pressure as mortgage and rental costs surge.
Fargo, North Dakota, was founded in 1871 on the Red River, and is now the largest city in the state with a population of over 125,000.
The city serves as a cultural center for the southeastern part of the Peace Garden State, with an array of events offered at its Fargodome and Civic Center, along with a host of museums and outdoor recreation.
Besides kid-friendly attractions like Thunder Road Family Fun Park in the warmer months and ice skating in Broadway Square in the winter, Fargo has an array of breweries, wineries and distillers for grown-ups looking to kick back.
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The city says on its website that they often hear tourists say, "We had no idea Fargo had all this!" to which residents reply, "You betcha!"
Fargo was dubbed the number one hottest job market in 2020 by ZipRecruiter, and has drawn acclaim for its low cost of living, making it attractive for new businesses and residents alike.
According to data from Realtor.com, Fargo has 225 active homes for sale with a median listing price of $258,950.
Here's what you can get in Fargo with a budget of $1.4 million: