58104, Fargo, ND

The 58104 zip code of Fargo, ND is located in the Midwest region of the United States. The median home value in this zip code is $130,000 and the median home equity value is $101,600. This means that the majority of homes in this zip code are valued at less than $200,000. In addition, there are a relatively low number of homes that are valued at more than $300,000. This suggests that most homes in this zip code are priced around or below market value.

When looking at home prices over time, it is interesting to note that prices have generally been increasing throughout the 58104 zip code. Between 2006 and 2016, prices increased by an average of 6%. This indicates that there has been a lot of growth in this area over the past few years. However, it should be noted that there has been some volatility within this time period as prices have gone up and down several times.

One reason why home values have increased so much over the past few years may be due to strong demand from buyers and sellers alike. There seems to be a lot of interest in purchasing or selling homes within this area which has led to higher demand and higher prices overall. Additionally, many people who live in this zip code may be able to afford more expensive homes because they earn a higher income or have saved up for a longer period of time. As long as there is continued growth and stability within the housing market, it seems likely that prices will continue to increase within the 58104 zip code over time.