Home prices
The median home value in Horace is $297,800. In comparison to its surrounding areas this is approximately $95,260 (47%) higher.It is approximately $80,300 (36%) higher in comparison to the US as a whole, and is about $85,700 (40%) higher compared to the city of Fargo.
Rents
The median monthly rent in Horace is $597. Compared to its nearby areas this is roughly $119 (16%) lower.Compared to the rest of the country it is approximately $465 (43%) lower, and it is approximately $226 (27%) lower in comparison to the city of Fargo.
Nearby places
West Fargo
West Fargo is Horace's neighbor to the north. The housing prices there are somewhat less expensive. The median home value in West Fargo is $241,000, which is $56,800 (23%) lower than Horace. Rent there is significantly more expensive. In West Fargo the median monthly rent is $920, which comes out to $323 (35%) higher than Horace.
Davenport
Davenport is about 6 miles west from Horace. Real estate prices there are significantly less expensive. Davenport's median home price is $157,000, which comes out to $140,800 (89%) lower than Horace. Its rents are somewhat less expensive. The median rent in Davenport is $545 a month, which comes out to $52 (9%) lower than Horace.
Kindred
Kindred is roughly 7 miles southwest of Horace. Housing prices there are substantially less expensive. The price of the median home in Kindred is $199,000, which is $98,800 (49%) lower than Horace. Rents there are pretty similar. The median rent in Kindred is $628 a month, which is $31 (4%) higher than Horace.
Moorhead
Moorhead is approximately 9 miles northeast of Horace. The real estate prices there are significantly less expensive. The median home in Moorhead is valued at $194,600, which comes out to $103,200 (53%) lower than Horace. Rent there is a lot more expensive. The median rent in Moorhead is $885 per month, which works out to $288 (32%) higher than Horace.
Dilworth
Dilworth is roughly 11 miles northeast of Horace. The housing prices there are substantially less expensive. The median home value in Dilworth is $221,100, which is $76,700 (34%) lower than Horace. Rent there is pretty similar. Dilworth's median monthly rent is $601, which is very similar to Horace.