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RentariIQHome-Price Trend (ZIP)
Report ID: iy3qXuF56xPVQccO
Prepared: August 03, 2026
Home-Price Trend (ZIP) for
Demo Property · West Fargo, ND
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Area context (demo location hidden)
Home prices in this census tract are +106.4% since 2005 (FHFA index). The live asking side (RentCast) is shown separately in dollars — the FHFA index measures appreciation, not price.
AI summary — generated from this report's data
The property's census tract has experienced significant appreciation since 2005, with a +106.4% increase according to the FHFA House Price Index. More recently, the 5-year appreciation stands at +32.4%, though the 1-year appreciation is a more modest +1.1%. The current median asking price for active listings in ZIP 58078 is $375,000, with a median asking price per square foot of $179.
The census tract has shown substantial long-term appreciation of +106.4% since 2005.
The 1-year appreciation of +1.1% is considerably lower than the 5-year appreciation of +32.4%.
The reader should consider how the current median asking price of $375,000 and median asking $/sqft of $179 in ZIP 58078 align with their property's specific attributes.
mediumThe significant difference between the 1-year appreciation (+1.1%) and the 5-year appreciation (+32.4%) suggests a recent slowdown in the rate of appreciation within the census tract.
Advisory read: The data suggests the reader weigh the long-term appreciation trends against the more recent appreciation rate and current market asking prices when considering their property's value.
Appreciation since 2005
+106.4%
FHFA HPI · census tract · 2005–2025
1-yr appreciation
+1.1%
FHFA HPI, census tract
5-yr appreciation
+32.4%
through 2025
Median asking price (now)
$375,000
active listings
FHFA House Price Index — census tract
FHFA House Price Index, census tract, annual_tract (2005–2025) — a repeat-sales index rebased to 100 at the first year shown; it measures APPRECIATION, not a dollar price.
Live for-sale market — ZIP 58078
Median asking price$375,000
Median asking $/sqft$179
Median days on market43 days
Active sale listings207
RentCast listing-derived asking-side statistics (refreshed frequently). Asking prices run ahead of recorded closings.
Recorded side: FHFA House Price Index (free, repeat-sales APPRECIATION index — not dollars). Live asking side: RentCast active-listing statistics (dollars). Each is labeled — the two are deliberately not blended.
Area statistics describe the surrounding geography, not this specific parcel; see the Sale-Price Trend report for the parcel's own trades.
Report generated on August 03, 2026. Figures are retrieved live or from a short-lived
cache (up to 30 days for some public-data sources), so a figure may pre-date this report —
each context card states its own data vintage. Comparable recency is shown per comp;
county assessment figures reflect the assessor's latest published tax year; HUD figures
reflect the current published fiscal year.
Rentari IQ rent estimates are informational market references, not pricing instructions. They are generated from your own property data, real comparable market listings, and — where local listing data is limited — AI-estimated market references (clearly labelled as such), never from other landlords' confidential rents, to support your own independent pricing decisions. You set your rents; Rentari does not. Every estimate is an advisory data point, and you remain solely responsible for the rent you charge. Estimates are not appraisals or legal advice and do not account for fair-housing, rent-control, or local pricing laws. Confirm every rent independently and comply with all applicable federal, state, and local requirements.
Disclaimer
This report is for informational purposes only and does not constitute financial, legal, investment, tax, or appraisal advice. Figures are drawn from the public and licensed data sources below and, where noted, AI-generated insights (Google Gemini) — always labelled as such. Please consult qualified professionals before making any decision.
Data sources
Rent comps & listings: RentCast · Property value, tax & assessment: ATTOM Data · Fair Market Rents & income limits: HUD (HUD.gov) · Demographics, income & housing medians: U.S. Census Bureau (American Community Survey) · New-construction supply: U.S. Census Bureau (Building Permits Survey) · Migration & income flows: IRS (Statistics of Income) · Employment, wages & rent inflation: U.S. Bureau of Labor Statistics · Flood zones & natural-hazard risk: FEMA (Flood Hazard Layer, National Risk Index) · Environmental screen & walkability: U.S. EPA (Superfund, AirNow, Walkability Index) · Seismic design values: U.S. Geological Survey · Mortgage market & rates: HMDA / Freddie Mac · Street View & geocoding: Google Maps · AI summaries & AI-estimated comps: Google Gemini (clearly labelled where used) · Your own executed leases: de-identified, from your account only
✦IQ AnalystAnswers only from this report
Ask me anything about this report — I answer only from the data saved in it.
Answers are advisory reads of this report's saved data — not pricing instructions or legal/financial advice.
RentariIQHome-Price Trend (ZIP)