The story of this market
The typical home in ZIP 58047 sells for about $110,000, or $172 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 131 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,146 a month.
ZIP 58047 — Horace
The Horace housing market remains stable, driven by steady demand for suburban family housing within the Fargo-Moorhead metro area. While inventory levels are moderate, the market is supported by strong local employment and consistent population growth. Prices have seen modest year-over-year appreciation, reflecting a balanced environment for both buyers and sellers.
This ZIP is ideal for families and commuters seeking newer suburban housing stock and a quieter residential environment while remaining within easy reach of Fargo's employment and retail centers.
Median prices moved up 3.5% year over year.
Homes spend a median of 131 days on market with 6.0 months of supply — a slower-moving market.
14% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.4% · poverty 3.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 58047, Cass County ND
The area is served by the West Fargo Public School District, which maintains a generally positive reputation within the Fargo-Moorhead metro area.
The region is subject to seasonal flood risks associated with the Red River basin and requires standard property insurance coverage for wind and hail.
Horace is experiencing rapid residential expansion as a bedroom community for the Fargo-Moorhead metro area, supported by infrastructure improvements to accommodate suburban growth.
Property taxes are assessed at the county level by Cass County based on true and full value, with mill rates determined by local school districts and municipal levies.
Residents primarily commute via I-29 and local arterial roads to reach employment hubs in Fargo and West Fargo, typically within a 15-25 minute drive.
The area features local community parks and proximity to the Red River for outdoor activities, with major shopping and dining districts located a short drive away in West Fargo.
The rental market is characterized by low vacancy rates due to high demand from commuters and families seeking suburban housing options.
The economy is heavily integrated with the Fargo-Moorhead metro area, which is anchored by healthcare, education, and agricultural technology sectors.
Transportation is primarily automobile-dependent, with I-29 serving as the main north-south corridor for regional access.
Ongoing residential subdivision development continues to expand the city's footprint to the south and west.
Cass County utilizes a mass appraisal system to determine true and full value for property tax purposes.
Parcels are subject to West Fargo Public School District levies and various local special assessment districts for infrastructure.
Property insurance premiums are influenced by regional flood risk and severe weather patterns common to the Red River Valley.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kingpinz Social4.26.5 mi
- Sky Zone Trampoline Park4.410.4 mi
- Thunder Road4.48.5 mi
- Skate City Fargo4.310.4 mi
- Shadow Wood Splash Pad4.67.8 mi
- FARGODOME4.513.3 mi
- Scheels Arena4.68.3 mi
- Red River Valley Fair Association4.311.2 mi
- Suite Shots4.56.5 mi
- Lucky's 13 Pub4.49.7 mi
- Marcus Century Cinema4.510.5 mi
- Red River Zoo4.48.9 mi
- Kingpinz Social4.26.5 mi
- Lindenwood Park4.610.1 mi
- Hjemkomst Museum4.712 mi
- Hjemkomst Museum4.712 mi
- Fargo Air Museum4.513.5 mi
- Plains Art Museum4.611.7 mi
- Bonanzaville USA4.611.4 mi
- Roger Maris Museum4.69.9 mi
- Lindenwood Park4.610.1 mi
- Maplewood Park & Activity Center4.89.6 mi
- Orchard Glen Park4.85.5 mi
- Rendezvous Park4.58.3 mi
- Gooseberry Mound Park4.710.4 mi
- Osgood Golf Course4.36.8 mi
- Rose Creek Golf Course4.47.1 mi
- Village Green Golf Course4.111.1 mi
- Prairiewood Golf Course4.39.7 mi
- The Meadows4.312.5 mi
- West Acres Mall4.310 mi
- Fleet Farm4.47.6 mi
- T.J. Maxx4.210 mi
- Marshalls & HomeGoods4.310.2 mi
- Kohl's4.19.9 mi
- Hector International Airport4.214.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local recreational space serving the immediate residential community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.