Fargo, OK—73840
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fargo, OK
As of Oct '25, the median home price in Fargo, OK is $119,000, with a year-over-year change of -6.5%. This indicates that home prices in Fargo, OK are decreasing. According to Zillow, the 1-year price projection is -2.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $119,000 | -6.5% |
| Single Family | $119,000 | -6.3% |
| 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 | $154,000 | -2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fargo, OK
Fargo, OK 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, OK
Fargo, OK lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.4% | N/A |
Days on Market | N/A | N/A |
Demographics — Fargo, OK
As of the latest ACS Survey released in 2023, Fargo, OK has a population of 464, which has decreased by -37.2% over the past 5 years. Fargo, OK is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 7.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 464 | -37.2% |
% Under 18 | 26.3% | 29.6% |
% Seniors | 13.1% | -26.8% |
% WFH | 4.9% | 22.5% |
% w/ College Degree | 7.9% | -53.0% |
As of the latest ACS Survey released in 2023, Fargo, OK is a predominantly white area, with 71.3% of the population identifying as white. The white population has shrunk by 21.7% in the last 5 years. The second most common race or ethnicity in Fargo, OK is hispanic, making up 23.7% of the population. Foreign-born residents account for 6.9% of the population in Fargo, OK, and this percentage has increased by 245.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.3% | -21.7% |
% Black | 0.0% | N/A |
% Hispanic | 23.7% | 330.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.9% | 245.0% |
Mortgage and Risk — Fargo, OK
Fargo, OK 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, OK
Fargo, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $970 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Fargo, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $119,000 |
| Median Household Income | $75,600 |