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Cities with the most expensive homes in the Fargo metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Fargo metro area using data from . Charts show the monthly typical home value since January 2018. All 24 cities and towns with data available were included in the list.

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#24. Enderlin, ND

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#24. Enderlin, ND

- Typical home value: $175,066
- 1-year price change: +4.3%
- 5-year price change: -2.6%

#23. Hunter, ND

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#23. Hunter, ND

- Typical home value: $207,938
- 1-year price change: -3.4%
- 5-year price change: -18.2%

#22. Tower City, ND

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#22. Tower City, ND

- Typical home value: $242,862
- 1-year price change: +7.6%
- 5-year price change: data not available

#21. Buffalo, ND

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#21. Buffalo, ND

- Typical home value: $260,996
- 1-year price change: +3.4%
- 5-year price change: data not available

#20. Leonard, ND

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#20. Leonard, ND

- Typical home value: $275,153
- 1-year price change: +23.3%
- 5-year price change: data not available

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#19. Moorhead, MN

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#19. Moorhead, MN

- Typical home value: $288,806
- 1-year price change: +2.1%
- 5-year price change: +18.2%

#18. Dilworth, MN

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#18. Dilworth, MN

- Typical home value: $292,807
- 1-year price change: +1.0%
- 5-year price change: +18.5%

#17. Page, ND

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#17. Page, ND

- Typical home value: $294,307
- 1-year price change: +5.6%
- 5-year price change: data not available

#16. Barnesville, MN

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#16. Barnesville, MN

- Typical home value: $309,492
- 1-year price change: +3.2%
- 5-year price change: +18.3%

#14. Fargo, ND

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#14. Fargo, ND

- Typical home value: $324,126
- 1-year price change: +4.2%
- 5-year price change: +22.1%

#13. Davenport, ND

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#13. Davenport, ND

- Typical home value: $330,452
- 1-year price change: +5.5%
- 5-year price change: data not available

#12. Casselton, ND

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#12. Casselton, ND

- Typical home value: $330,522
- 1-year price change: +7.2%
- 5-year price change: +5.6%

#11. Mapleton, ND

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#11. Mapleton, ND

- Typical home value: $345,742
- 1-year price change: +3.8%
- 5-year price change: +10.8%

#9. Gardner, ND

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#9. Gardner, ND

- Typical home value: $351,786
- 1-year price change: +8.4%
- 5-year price change: data not available

#8. West Fargo, ND

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#8. West Fargo, ND

- Typical home value: $358,715
- 1-year price change: +3.0%
- 5-year price change: +19.7%

#7. Glyndon, MN

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#7. Glyndon, MN

- Typical home value: $360,732
- 1-year price change: +3.5%
- 5-year price change: +19.2%

#6. Hawley, MN

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#6. Hawley, MN

- Typical home value: $407,683
- 1-year price change: +5.0%
- 5-year price change: +27.9%

#4. Harwood, ND

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#4. Harwood, ND

- Typical home value: $408,055
- 1-year price change: +6.8%
- 5-year price change: +16.7%

#3. Kindred, ND

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#3. Kindred, ND

- Typical home value: $422,377
- 1-year price change: +8.1%
- 5-year price change: +25.2%

#2. Argusville, ND

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#2. Argusville, ND

- Typical home value: $444,500
- 1-year price change: +10.1%
- 5-year price change: data not available

#1. Reiles Acres, ND

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#1. Reiles Acres, ND

- Typical home value: $581,408
- 1-year price change: +6.7%
- 5-year price change: data not available