Fargo, GA—31631
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fargo, GA
As of Oct '25, the median home price in Fargo, GA is $90,000, with a year-over-year change of -10.5%. This indicates that home prices in Fargo, GA are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $90,000 | -10.5% |
| Single Family | $90,000 | -10.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fargo, GA
Fargo, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fargo, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fargo, GA is 44. This is a decrease of -53.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $255,000 | -45.0% |
Listing Count | 2 | 33.0% |
| Listings as % of Homes | N/A | 33.0% |
Days on Market | 44 | -53.0% |
Demographics — Fargo, GA
As of the latest ACS Survey released in 2023, Fargo, GA has a population of 592, which has increased by 42.7% over the past 5 years. Fargo, GA is a less popular place for families, as children make up 11.1% of the population. The area has a poorly educated workforce, with 11.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 592 | 42.7% |
% Under 18 | 11.1% | -48.8% |
% Seniors | 18.8% | -27.1% |
% WFH | 2.8% | -41.7% |
% w/ College Degree | 11.1% | 296.4% |
As of the latest ACS Survey released in 2023, Fargo, GA is a predominantly white area, with 85.3% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Fargo, GA is black, making up 5.4% of the population. Foreign-born residents account for 0.0% of the population in Fargo, GA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.3% | 0.2% |
% Black | 5.4% | -60.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Fargo, GA
Fargo, GA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Fargo, GA
Fargo, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Fargo, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.2 |
| Median Home Price | $90,000 |
| Median Household Income | $70,700 |