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Fergus Falls, MN
Full City Profile · Minnesota · Wilkin County County
3.1
/5.0
B
Good
14,138
Population
982/sq mi density
$50,865
Median Income
$33,280 per capita
$173,300
Home Value
$193,374 Zillow
$839
Median Rent
30.8% income on rent
42°F
Avg Temperature
276 sunny days/yr
338
Violent Crime/100K
4,410 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$50,865 median income, 4.6% unemployment
A+
Affordability
4.8 / 5.0
$173,300 home value, $839/mo rent
F
Safety
1.0 / 5.0
338 violent crimes/100K
B
Education
3.2 / 5.0
27.8% bachelor's degree or higher
Housing Overview
Median Home Value
$173,300
39% below
US avg: $281,900
Median Rent
$839/mo
28% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
7,028
Median year built: 1971
Home Value by Source
Census Median
$173,300
Zillow (ZHVI)
$193,374
Median Sale Price
$213,251
Median List Price
$244,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$839/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
27.8%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $173,300 |
| Zillow Home Value (ZHVI) | $193,374 |
| Median Sale Price | $213,251 |
| Median List Price | $244,450 |
| Price Per Sq Ft | $113 |
Rent
| Census Median Rent | $839 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.8% |
| Homes Sold | 8 |
| Active Inventory | 18 |
| Price Per Sq Ft | $113 |
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 7,028 |
| Median Year Built | 1971 |
| Rent Burden | 30.8% |