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What a Home Will Be Worth in 2012: $144,468
Q4 2008 price: $139,000
Projected price change by MSA: +3.9%
Projected price change by state: +3.3%
Home prices in Fargo are projected to drop only 0.3% in 2009. The only metropolitan area that is expected to do better this year is Anchorage. The primary reason is that North Dakota, like South Dakota, Montana, and Wyoming, was relatively unexposed to the housing boom.