Hotel Kaddatz · Public domain184 homes sold in Fergus Falls in the last year, at a typical $245K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fergus Falls homes are listed.
Every place Fergus Falls homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fergus Falls.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Fergus Falls’ sales, at a typical $246K
184 homes sold in the year to May 2026.
typical sale · 177 sold in 12 months
- Per square foot
- $134MN $191
- Days to sell
- 28
- Sold over asking
- 36%
- Listings with a price cut
- 32%
Multi-family (2–4 units): 1 sold, typical $105K
Townhouses: 4 sold, typical $264K
Condos: 2 sold, typical $168K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at twice the 2016 price
184 sales in the last year, against 275 in 2020 and a low of 198 in 2025. The typical sale went from $116K in 2016 to $245K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Fergus Falls
Check a listing against what Fergus Falls homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Fergus Falls are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Fergus Falls’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 184 sales.
If you’re buying in Fergus Falls
- Shop in May. It brings about 30 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
- You can negotiate. 30% of listings have cut their price, against 2% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 35% paid over.
- Move fast on good ones. 55% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 31 a month), but July is the most competitive: 38% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (33%). March has the least competition (21%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Minnesota as a whole
| Fergus Falls now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 35% | 27% | 44% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 55% | 1% | 31% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 2% | 17% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 98.1% | 100.6% | 99.2% |
| Days to sellMedian days from listing to contract | 28 | 80 | 45 | 35 |
30 homes for sale on a typical day
That’s 64% fewer than in 2017–19 and well under 2013’s 115.
1 in 3 listings has cut its price
30% in the last year, against 2% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.
Fergus Falls ranks 54th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Fergus Falls is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Fergus Falls home costs about $1,463 a month
Price: Fergus Falls’ typical sale, last 12 months. Property tax at Fergus Falls’ 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fergus Falls is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $245K home, about $2,220 a year.
Taxes vs. neighborsSchools
The schools grade for Fergus Falls, from test results, graduation and how much students grow.
Schools in Fergus FallsTypical commute
The average one-way trip to work for people who live in Fergus Falls.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Breckenridge sells for less a square foot
The busier markets within 25 miles of Fergus Falls, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Fergus Falls | 184 | $245K | $134 | 35% | 28 |
| Breckenridge | 40 | $222K | $118 | 15% | 77 |
| Pelican Rapids | 28 | $218K | $137 | 7% | 94 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Fergus Falls, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fergus Falls. People who follow the town see it, and so do people comparing Fergus Falls with their own town. No commission, no listing fee.
Questions about buying a home in Fergus Falls
What do homes sell for in Fergus Falls, MN?
184 homes sold in the year to May 2026 at a typical $245K, $134 a square foot.
Is Fergus Falls a buyer’s or seller’s market?
A seller’s market: 40 homes were for sale in May 2026 and 16 sold, about 2.5 months of supply. Buyers paid 99.6% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Fergus Falls?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Fergus Falls?
About 0.9% of a home’s value a year. On a $245K home that’s near $2,220.
Where can I see homes for sale in Fergus Falls?
Zillow, Redfin, Realtor.com and Homes.com all carry Fergus Falls’ MLS listings; the search links above open each one filtered to Fergus Falls.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).