Home Value Trail

States › North Dakota › Cass County › Fargo

Permit-issuing place

Fargo

Cass County · Fargo, ND-MN · North Dakota · 136,275 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Cass County index 1975–2025
FHFA house price index for Cass County, which contains Fargo, 1975 to 2025Recession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 719
Cass County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Cass County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

In the 12 months to August 2026, building permits in Fargo, North Dakota, covered 557 housing units (−38.0% year on year); the place lies in Cass County.

222 of those units were single-family houses (40%), 0 were in two- to four-unit buildings and 335 in buildings of five or more units. That is 4.1 units per 1,000 residents, close to the county's 4.5 and well above the state's 2.7.

Since 1995 the place has authorised 33,181 units, with the busiest year 2014 (2,170 units). Cass County's FHFA house price index rose +52.6% over the ten years to 2025.

557units permitted, 12 months to August 2026−38.0% on the previous 12 months
222single-family units40% of the total
335units in 5+ unit buildings60% of the total
4.1units per 1,000 residentsCass County 4.5 · North Dakota 2.7

Permits by month and structure type

Housing units authorised in Fargo by month, latest 24 months0100200300Sep 2024: 36 units (36 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 114 units (31 single-family, 83 in multi-unit buildings)Nov 2024: 18 units (18 single-family, 0 in multi-unit buildings)Dec 2024: 3 units (3 single-family, 0 in multi-unit buildings)Dec 2024Jan 2025: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2025: 11 units (11 single-family, 0 in multi-unit buildings)Mar 2025: 79 units (28 single-family, 51 in multi-unit buildings)Mar 2025Apr 2025: 28 units (28 single-family, 0 in multi-unit buildings)May 2025: 101 units (101 single-family, 0 in multi-unit buildings)Jun 2025: 215 units (28 single-family, 187 in multi-unit buildings)Jun 2025Jul 2025: 111 units (21 single-family, 90 in multi-unit buildings)Aug 2025: 179 units (49 single-family, 130 in multi-unit buildings)Sep 2025: 23 units (23 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 52 units (52 single-family, 0 in multi-unit buildings)Nov 2025: 47 units (10 single-family, 37 in multi-unit buildings)Dec 2025: 10 units (10 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 2 units (2 single-family, 0 in multi-unit buildings)Feb 2026: 3 units (3 single-family, 0 in multi-unit buildings)Mar 2026: 59 units (17 single-family, 42 in multi-unit buildings)Mar 2026Apr 2026: 27 units (27 single-family, 0 in multi-unit buildings)May 2026: 94 units (26 single-family, 68 in multi-unit buildings)Jun 2026: 104 units (20 single-family, 84 in multi-unit buildings)Jun 2026Jul 2026: 77 units (12 single-family, 65 in multi-unit buildings)Aug 2026: 59 units (20 single-family, 39 in multi-unit buildings)

Housing units authorised in Fargo by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026FargoCass CountyNorth DakotaUnited States
All housing units5579082,1391,418,086
Single-family (1 unit)222 (40%)516 (57%)1,519 (71%)888,241 (63%)
2 units0010234,814
3–4 units0577417,298
5 or more units335 (60%)335 (37%)444 (21%)477,733 (34%)
Units per 1,000 residents4.14.52.74.1
Change on previous 12 months−38.0%−30.0%−14.9%−0.1%

Permits by year since 1995

Housing units authorised in Fargo by year, 1995–202501,0002,0003,0001995: 1,247 units (385 single-family, 862 in multi-unit buildings)19951996: 918 units (406 single-family, 512 in multi-unit buildings)1997: 972 units (242 single-family, 730 in multi-unit buildings)1998: 1,081 units (407 single-family, 674 in multi-unit buildings)1999: 867 units (384 single-family, 483 in multi-unit buildings)2000: 854 units (304 single-family, 550 in multi-unit buildings)20002001: 932 units (327 single-family, 605 in multi-unit buildings)2002: 1,220 units (401 single-family, 819 in multi-unit buildings)2003: 981 units (455 single-family, 526 in multi-unit buildings)2004: 975 units (441 single-family, 534 in multi-unit buildings)2005: 900 units (491 single-family, 409 in multi-unit buildings)20052006: 853 units (470 single-family, 383 in multi-unit buildings)2007: 984 units (447 single-family, 537 in multi-unit buildings)2008: 629 units (404 single-family, 225 in multi-unit buildings)2009: 1,084 units (353 single-family, 731 in multi-unit buildings)2010: 831 units (334 single-family, 497 in multi-unit buildings)20102011: 966 units (283 single-family, 683 in multi-unit buildings)2012: 1,097 units (403 single-family, 694 in multi-unit buildings)2013: 1,655 units (509 single-family, 1,146 in multi-unit buildings)2014: 2,170 units (377 single-family, 1,793 in multi-unit buildings)2015: 1,428 units (526 single-family, 902 in multi-unit buildings)20152016: 1,333 units (474 single-family, 859 in multi-unit buildings)2017: 1,225 units (444 single-family, 781 in multi-unit buildings)2018: 1,210 units (313 single-family, 897 in multi-unit buildings)2019: 483 units (311 single-family, 172 in multi-unit buildings)2020: 1,124 units (450 single-family, 674 in multi-unit buildings)20202021: 1,146 units (410 single-family, 736 in multi-unit buildings)2022: 1,233 units (413 single-family, 820 in multi-unit buildings)2023: 1,272 units (292 single-family, 980 in multi-unit buildings)2024: 651 units (241 single-family, 410 in multi-unit buildings)2025: 860 units (365 single-family, 495 in multi-unit buildings)2025

Housing units authorised in Fargo by year, 1995–2025single-family2+ unit buildings

33,181 units since 1995; the busiest year was 2014. Annual figures include units imputed for months a place did not report.

Home prices in Cass County

FHFA's index for Cass County rose +52.6% over the ten years to 2025 (+4.3% a year) and +3.1% in the latest year, against +45.0% and +5.1% for North Dakota. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Fargo, ND?

557 housing units were authorised by building permits in the 12 months to August 2026, against 899 in the previous 12 months.

What kind of housing is being permitted in Fargo?

222 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 335 in buildings of five or more units.

How does Fargo compare with its county and state?

4.1 units per 1,000 residents in Fargo, 4.5 in Cass County and 2.7 in North Dakota.

How have home prices moved in Cass County?

FHFA's index for Cass County rose +52.6% over the ten years to 2025 and +3.1% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 258000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.