Fargo-Moorhead Market UpdateAugust 2026OverviewLower inventory, higher sales, slightly higher prices. Lower inventory means less options for buyers. This won't be an issues if there are
Market Update - August 2026
Dated: August 11 2026
Views: 33
Fargo-Moorhead Market Update August 2026 | ||||||
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| Overview | ||||||
Lower inventory, higher sales, slightly higher prices. Lower inventory means less options for buyers. This won't be an issues if there are fewer buyers, however with increased sales, this shows there is still demand in the area. With the reduced inventory and increased sales, over time this could lead to an increase in prices. | ||||||
 | 12% Increase In Sales | |||||
| Nice increase in sales over last July. This shows that demand in the area is increasing, even with higher interest rates. We should see sales continue to increase in August. | ||||||
| 4% Increase in Median Sales Price |  | |||||
| Slight increase to Median Sales Price. This varies month-to-month, but indicates that prices are increasing in the area. I think we'll see median prices be higher over the next few months. | ||||||
 | 7% Decrease in Inventory | |||||
| Large drop in inventory for July. This is mostly due to fewer new listings being added in July. This means there are less options for buyers. This could be helpful for sellers being there is less competition. Hopefully inventory increases in August. | ||||||
 | John Hagen, Realtor | |||||
| 218-686-6496 | ||||||
| john.hagen@exprealty.com | ||||||
| HalfNelsonTeam.com | ||||||
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© 2024 eXp Realty in Fargo-Moorhead 4525 White Bear Parkway, Suite 122 White Bear Lake, MN 55110 (612) 751-9303 ⋅ mn.broker@exprealty.net | ||||||
John Hagen
John grew up in Northern Minnesota where he received a degree in Mass Communications from NCTC in Thief River Falls, MN. He then transferred to MSUM in Moorhead, MN and received a BA in Business Admin....
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Tax and special assessment figures are provided by the listing companies and are usually from the most recent tax bill, but buyer should verify amounts with appropriate governmental departments for accuracy and future estimates. New construction listings often have incomplete or no information on tax or special assessment estimates provided by listing companies, so they must be verified. Figures do not reflect any pending, proposed, or future special assessments which may be levied by governmental
