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Fargo, AR Housing

 
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As of 2010-2014, median price of a house in Fargo is $35,000, which is much lower than the state average of $108,700 and is much lower than the national average of $175,700. The Fargo median house value has grown by 78.57% since 2000. The growth rate for the price of a house in Fargo is higher than the state average rate of 49.31% and is higher than the national average rate of 46.91%. The median year that a house in Fargo was built is 1981, which is about the same as the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 18 Owner Occupied Houses in Fargo, AR, #495
Fargo, AR
35,000 USD
Arkansas
108,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #55
Fargo, AR
78.57%
Arkansas
49.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Fargo, ARArkansasU.S.
Total Housing Units40, see rank, 100%1,329,139132,741,033
Occupied Housing Units37, 92.50%, see rank85.20%87.55%
Owner Occupied18, 45.00%, see rank56.70%56.34%
Renter Occupied19, 47.50%, see rank28.50%31.21%
Vacant Housing Units3, 7.50%, see rank14.80%12.45%
For Rent0, 0.00%, see rank3.08%2.34%
For Sale Only0, 0.00%, see rank1.47%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.34%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank3.77%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant3, 7.50%, see rank5.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #147
Fargo, ARArkansasU.S.
198119821976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Fargo, AR%ArkansasU.S.
Owner-Occupied Units18100%753,62074,787,460
With a Mortgage633.33%, see rank57.12%65.58%
Without a Mortgage1266.67%, see rank42.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Fargo, AR
850 USD
Arkansas
1,027 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFargo, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $49900.00%, see rank4.06%1.59%
$500 to $699116.67%, see rank13.71%5.01%
$700 to $999350.00%, see rank29.88%14.32%
$1,000 to $1,49900.00%, see rank31.28%27.90%
$1,500 to $1,999233.33%, see rank11.89%20.35%
$2,000 to $2,99900.00%, see rank6.76%19.52%
$3,000 or More00.00%, see rank2.16%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fargo, AR
28.80% of the Total Income
Arkansas
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fargo, AR%ArkansasU.S.
10% or Less00.00%, see rank8.42%5.86%
10% to 20%00.00%, see rank40.00%31.95%
20% to 30%466.67%, see rank25.17%27.64%
30% to 40%00.00%, see rank10.74%13.74%
40% or More233.33%, see rank15.06%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Fargo, AR
375 USD
Arkansas
328 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFargo, AR%ArkansasU.S.
$199 or Less00.00%, see rank14.84%7.76%
$200 to $29918.33%, see rank27.47%14.70%
$300 to $4991191.67%, see rank40.92%34.63%
$500 to $69900.00%, see rank11.95%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fargo, AR
10.00% of the Total Income
Arkansas
10.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fargo, AR%ArkansasU.S.
10% or Less650.00%, see rank46.84%40.19%
10% to 20%433.33%, see rank30.62%31.47%
20% to 30%00.00%, see rank10.57%12.24%
30% to 40%216.67%, see rank4.25%5.64%
40% or More00.00%, see rank6.40%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Fargo, ARArkansasU.S.
Total Housing Units40, 100%1,329,139132,741,033
1-unit, Detached20, 50.00%, see rank69.70%61.65%
1-unit, Attached0, 0.00%, see rank1.65%5.82%
2 Units0, 0.00%, see rank3.05%3.75%
3 or 4 Units0, 0.00%, see rank3.22%4.43%
5 to 9 Units0, 0.00%, see rank3.18%4.78%
10 or More Units0, 0.00%, see rank6.24%13.08%
Mobile Home, Boat, RV, Van, etc.20, 50.00%, see rank12.96%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Fargo, ARArkansasU.S.
Total Housing Units40, 100%1,329,139132,741,033
1 Room0, 0.00%, see rank1.56%1.95%
2 Rooms0, 0.00%, see rank1.59%2.48%
3 Rooms0, 0.00%, see rank6.43%9.13%
4 Rooms21, 52.50%, see rank17.60%16.60%
5 Rooms12, 30.00%, see rank26.27%20.41%
6 Rooms6, 15.00%, see rank20.63%18.06%
7 Rooms0, 0.00%, see rank12.10%12.27%
8 Rooms1, 2.50%, see rank6.91%8.48%
9 Rooms or More0, 0.00%, see rank6.92%10.60%
Median Rooms4.50, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Fargo, ARArkansasU.S.
Total Housing Units40, 100%1,329,139132,741,033
No Bedroom0, 0.00%, see rank1.67%2.17%
1 Bedroom0, 0.00%, see rank7.20%11.16%
2 Bedrooms16, 40.00%, see rank27.66%26.69%
3 Bedrooms24, 60.00%, see rank49.76%39.70%
4 Bedrooms0, 0.00%, see rank11.71%16.05%
5 or More Bedrooms0, 0.00%, see rank2.00%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Fargo, ARArkansasU.S.
Total Housing Units37, 100%1,132,488116,211,092
Utility Gas2, 5.41%, see rank40.58%48.85%
Bottled, Tank, or LP Gas7, 18.92%, see rank7.51%4.86%
Electricity27, 72.97%, see rank46.89%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood1, 2.70%, see rank4.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used0, 0.00%, see rank0.20%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFargo, ARArkansasU.S.
Occupied Units Paying Rent10, 100%340,13639,201,928
$199 or Less0, 0.00%, see rank1.96%1.50%
$200 to $2990, 0.00%, see rank4.51%3.18%
$300 to $4994, 40.00%, see rank15.80%7.37%
$500 to $6991, 10.00%, see rank31.92%16.01%
$700 to $9995, 50.00%, see rank32.72%29.17%
$1,000 to $1,4990, 0.00%, see rank10.95%26.88%
$1,500 to $1,9990, 0.00%, see rank1.32%9.79%
$2,000 or More0, 0.00%, see rank0.81%6.10%
Median$725, see rank$675$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Fargo, ARArkansasU.S.
Occupied Housing Units37, 100%1,132,488116,211,092
No Vehicles Available2, 5.41%, see rank6.36%9.12%
1 Vehicles Available15, 40.54%, see rank34.07%33.80%
2 Vehicles Available10, 27.03%, see rank39.29%37.48%
3 or More Vehicles Available10, 27.03%, see rank20.28%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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