Fergus Falls Real Estate Market

Fergus Falls Market

The median sale price for homes in Fergus Falls over the last 12 months is $86,750.


The median mortgage debt is $67,594.

Additional Statistics for Single Family Homes and Condos in Fergus Falls, MN
$149,080
Median Listing Price
46
Median Days on Market
336
Active Listings
1.2%
Distressed Listings
(foreclosures and short sales)
Fergus Falls, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Fergus Falls is $149,900. The list prices dropped by -1.83% from the previous month.

The price per square foot for listings in this area is $88.

The median sale price in December for single family homes is $81,500. The sale prices dropped by -20.09% from the previous month.

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Fergus Falls, MN Market Inventory Trends

The number of active listings in Fergus Falls increased by 15.2% from the previous month.

The median number of days active properties have been listed is 46. This is significantly shorter than the national average.

The number of sales in December dropped by 36.8% from the previous month.

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Fergus Falls, MN Property Ownership

The percent of unoccupied properties is very low in Fergus Falls. It is -14.22% below the national average.

The percent of rental properties in Fergus Falls is 19.74% above the national average which is typical for urban areas.

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