Fargo, Oklahoma.
Typical home $119,898 (-1.6% in a year). Woodward, OK metro.
to buy the typical home at today's mortgage rate — +$233 (+59%) since Jan 2020.
- 1 year
- Down $1,891 -2%
- $121,789$119,898 since Sep 2025
- 5 years
- Down $9,565 -7%
- $129,463$119,898 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fargo$629
- Oklahoma$1,159
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Fargo, OK fell 1.6% over the past year — slower than the nation's +1.2%.
Living in Fargo, Ellis County, Oklahoma
Fargo is a town of 312 people in Ellis County. Half its households earn more than $70,114 a year and half less, against $61,016 across Ellis County; 14% of its people live below the poverty line. 87% of its homes are lived in by their owners and 13% are rented. Unemployment in Ellis County was 2.7% in August 2026, and the county had 3.6% more jobs in 2025 than the year before. The most people in Ellis County work in farming, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fargo is a very small town in Ellis County, Oklahoma, where nearly everyone lives in a home they own. Household incomes run higher than across the county, and the typical home costs far less than in much of the country. Residents are middle-aged on the whole, and the poverty rate is a little higher than many would expect for a town with these incomes.
Work. Residents work mostly in farming, forestry and mining, in schools, hospitals and social care, in shops, and in transport, warehouses and utilities. Across Ellis County, the largest workplaces include Newman Memorial Hospital, Shattuck Nursing Center and Shattuck Schools. Unemployment in the county is low and has barely moved over the past year, the county has added jobs, and the typical commute is short.
Things to do. For time outdoors, the Beaver River and Wolf Creek are rivers a longer drive away, and Boiling Springs State Park is a protected area at a similar distance. Fort Supply Lake, a reservoir, is also a longer drive away. Winters are cold, summers are hot, and the town gets a moderate amount of rain and melted snow over the year.
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- 14%below the poverty line
- 19 mintypical commute
What people in Ellis County work in
Employed residents by industry, from the Census survey. Ellis County had 1,158 jobs in 2025, 3.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 51° and lows near 22°; warmest in July, with highs near 95° and lows near 69°. About 21 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Gage Airport weather station, 10 miles away (NOAA).
Largest workplaces in Ellis County
- Newman Memorial HospitalCritical access hospital86FTE
- Shattuck Nursing CenterNursing homes62
- Shattuck SchoolsSchool district60FTE
- Fargo SchoolsSchool district46FTE
- Arnett SchoolsSchool district41FTE
- Sagebrush SOW Farm -EST30
- Select Nine Mult SOW & GDU -EST29
- Murphy-brown28
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 149 people in all across the county; Fargo has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- Strong windVery high
- Winter weatherVery high
- Cold wavesVery high
- HailVery high
- TornadoesVery high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fargo’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Ellis County and the Woodward, OK metro.
Fargo home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fargo$119,898
- Oklahoma$220,801
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Fargo address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fargo — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.