58047 — Horace, ND Home Values
Typical home value $422,614 as of August 2026 · 3rd of 23 in Fargo, ND-MN
Blue: typical home value (Zillow ZHVI) in ZIP code 58047, August 2021 to August 2026. This page shows observed data only; no forecast.
How 58047 compares in the Fargo, ND-MN area
ZIP code 58047 (Horace, ND) has a typical home value of $422,614 as of August 2026, ranking 3rd of 23 ZIP codes tracked in the Fargo, ND-MN area, more expensive than about 91% of ZIP codes in the metro. Prices here have moved +3.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +6.8%, from $395,541 in August 2021 to $422,614 in August 2026. Against observed rent, the typical home here sells for 18.6× the annual rent ($1,895/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Fargo, ND-MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Fargo.
Population and demographics
ZIP code 58047 has a population of 5,136, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.5% White, 3.5% Hispanic or Latino, 2.4% two or more races, 1.8% Black or African American, 0.4% American Indian or Alaska Native, and 0.4% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| HORACE ELEMENTARY SCHOOL | 50 Ironwood Dr, Horace, ND | 3.8 mi |
| HORACE HIGH SCHOOL | 8100 Lakeview Drive, Horace, ND | 4 mi |
| HERITAGE MIDDLE SCHOOL | 6350 76th Ave S, Horace, ND | 4.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 58047?
$422,614 as of August 2026, the latest month Zillow has published observed data for.
Is 58047 an expensive ZIP code in the Fargo, ND-MN area?
58047 ranks 3rd of 23 ZIP codes in the Fargo, ND-MN area by typical home value, more expensive than about 91% of ZIP codes in the metro.
How much have home values in 58047 changed over the past year?
+3.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 58047?
The typical home price is 18.6× the observed annual rent in this ZIP code ($1,895/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 58047?
5,136, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 58047?
HORACE ELEMENTARY SCHOOL (3.8 mi), HORACE HIGH SCHOOL (4 mi), HERITAGE MIDDLE SCHOOL (4.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 58047?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Fargo, ND-MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.