The typical owner-occupied home in West Fargo is worth about $321,900, 29% above the North Dakota median of $249,900 and 3% below the national median of $332,700. Owners pay a median $3,959 a year in property taxes, about 1.23% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $90,665 a year, so the median home costs 3.6 times the median income (3.3 times for North Dakota). 64% of occupied homes here are lived in by their owners, and 73% of those owners still have a mortgage.
West Fargo at a glance
| West Fargo | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $321,900 | $249,900 | $332,700 |
| Median property tax paid per year | $3,959 | $2,468 | $3,119 |
| Property tax as a share of value | 1.23% | 0.99% | 0.94% |
| Median household income | $90,665 | $76,657 | $80,734 |
| Homes lived in by their owners | 64% | 63% | 65% |
| Owner homes with a mortgage | 73% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,958 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 19.4% | 21.0% |
| Median rent | $1,111 | $954 | $1,413 |
| Rent as a share of renters' income | 26.6% | 25.0% | 30.6% |
| Median year homes were built | 2004 | 1982 | 1980 |
| Vacant homes | 4.3% | 12.3% | 10.1% |
| Population | 40,094 | 784,841 | 334,922,499 |
What a typical home costs per month in West Fargo
At this week's average 30-year rate of 7.11%, buying the median West Fargo home of $321,900 with 20% down costs about $2,196 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,733, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $94,132 for the 20%-down payment. That payment is 29% of the median West Fargo household income of $90,665; at that income and 20% down, the 28% guideline points to a home of about $310,000.
The median rent here is $1,111 a month, so owning the median home costs about $1,085 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $64,380 |
|---|---|
| Loan amount | $257,520 |
| Principal and interest | $1,732 |
| Property taxes (1.23% a year) | $330 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| PMI | $0 |
| Total per month | $2,196 |
Change the numbers in the calculator
| Down payment | $11,266 |
|---|---|
| Loan amount | $316,070 |
| Principal and interest | $2,126 |
| Property taxes (1.23% a year) | $330 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| FHA mortgage insurance | $142 |
| Total per month | $2,733 |
Change the numbers in the calculator
Questions about home buying in West Fargo
What is the median home value in West Fargo?
About $321,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Fargo?
Homeowners pay a median $3,959 a year, which is about 1.23% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in West Fargo?
For the median home with 20% down at 7.11%, the payment is about $2,196 a month. Keeping that under 28% of gross income takes about $94,132 a year.
More about West Fargo
- Mortgage Refinance in West Fargo
- Debt Relief in West Fargo
- Home Equity Loans in West Fargo
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data