409 Oakway, Moorhead, MN 56560
4 Beds | 2 Baths | 2,172 Sq Ft | Single Family Home | MLS# 7140577
Price Reduced — was $344,900 (↓ $5,000) · M Markdowns
$2,300/month Estimated
- Principal & interest
- $1,719
- Property taxes
- $362
- Home insurance (est.)
- $198
- Special assessments
- $21
- HOA dues
- None
20% down ($67,980) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in Morningside Add, Moorhead, MN.
About This Home
Welcome home to this clean and spacious 4-bedroom, 2-bath home in a convenient Moorhead location near Moorhead High School! Inside, you’ll find a bright and functional layout, a kitchen featuring stainless steel appliances, and a cozy fireplace in the family room. Step outside to enjoy the fully fenced backyard, complete with a deck and storage shed. The large heated 2-stall garage offers additional storage and workspace, making it perfect for projects, hobbies, or extra gear. With plenty of space inside and out, this home is ready for its next owners!
BuyPulse · Live market read
How 409 Oakway Compares to the Moorhead Market
At $156/sqft, this home is priced $4/sqft above the typical Moorhead single-family home of $152/sqft.
The median list price in Moorhead is $319,900.
Verdict: Fair Market Value
Your negotiating position
76 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 47 — similar homes typically go under contract by day ~28. This one is past that window.
68% of recent sales closed at or over asking — Moorhead sellers rarely discount.
44 similar homes for sale — alternatives if they won't move.
This seller already cut $5,000 — the asking price has already moved.
Homes like this one — splits & bi-levels between $255K and $425K in Moorhead:
- The field: 44 similar Moorhead homes for sale — you have options.
- Tempo: homes like this went pending in a median 28 days — 0 of the last 12 inside 4 days.
- Negotiation: 68% of the last 28 sales here closed at or over list — Moorhead doesn't discount.
- Price cuts: 23 of 44 similar homes have trimmed asking — median trim $6,000. This one already cut $5,000.
Powered by the Realgorithm™ — 28 real Moorhead closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1975
- Garage
- 2-Car Attached
- Style
- Split Entry (Bi-Level)
- HOA
- None
- Annual Taxes
- $4,345 (2026)
- Specials/yr
- $253
- School District
- Moorhead Area Public Schools
- Assigned Elementary School
- Robert Asp Elementary
- Assigned Middle School
- Horizon Middle School
- Assigned High School
- Moorhead High School
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,086
- Below Grade Sq Ft
- 1,086
- Lot Size
- 0.21 acres
- Basement
- Yes
- County
- Clay
- List Date
- 2026-09-09
- Days on Market
- 47 days
- Parcel ID
- 585312680
Financial
- Total Tax incl. Assessments
- $4,598
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 1,086 sqft
- Total Building Area
- 2,172 sqft
Exterior Features
- Exterior Features
- Metal
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- eXp Realty (3240 WF)
Price History
Reduced $5,000 (1.4%)
- Price reduced to $344,900 — Sep 15, 2026
- Price reduced to $339,900 — Sep 28, 2026
409 Oakway is listed in Moorhead, MN, part of Clay County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 409 Oakway
Associate Broker · Modern Market REALTORS®
Your Moorhead real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by eXp Realty (3240 WF) · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7140577 · Updated October 19, 2026
Similar Homes for Sale Near 409 Oakway, Moorhead, MN
Frequently Asked Questions About 409 Oakway
- What schools is 409 Oakway zoned to?
- 409 Oakway is zoned to Robert Asp Elementary (elementary), Horizon Middle School (middle school), and Moorhead High School (high school). Attendance boundaries change — confirm your exact address with the district before you rely on it.
- Is $339,900 a good price for a home in Moorhead?
- According to BuyPulse, 409 Oakway rates Fair Market Value — at $156/sqft it's priced right at the typical Moorhead single-family home of $152/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Moorhead homes are closing versus list. Powered by the Realgorithm™. Browse Moorhead homes for sale to compare.
- What are the special assessments at 409 Oakway — and what do they mean?
- This property has $253/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $4,345/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Moorhead — live figures on every home for sale.
- Does 409 Oakway have a basement?
- Yes, 409 Oakway has a finished basement with 1,086 sq ft of below-grade space.
- What type of heating and cooling does 409 Oakway have?
- 409 Oakway has Forced Air heating and Central Air cooling.
- Where is 409 Oakway located?
- 409 Oakway is in the Morningside neighborhood of Moorhead, MN 56560, in Clay County. It's in the Moorhead Area Public Schools.
- Is 409 Oakway still available?
- Yes — 409 Oakway is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 409 Oakway built?
- 409 Oakway was built in 1975. It features a poured concrete foundation.
- What utilities serve 409 Oakway?
- Electric and gas at 409 Oakway are provided by Moorhead Public Service and Xcel Energy. Water, sewer, and garbage are handled by Moorhead Public Service and City of Moorhead. Internet options include Midco, 702 Communications and CenturyLink. Full Moorhead utility setup guide — phone numbers and move-in timeline →
- Is 409 Oakway near a golf course?
- Yes — The Meadows (public course) is about 0.4 miles from 409 Oakway. It's the closest golf course in the Fargo-Moorhead metro. See homes for sale near The Meadows →
- How walkable is 409 Oakway?
- 409 Oakway has a Walk Score of 37/100 (Car-Dependent) and a Bike Score of 71/100 (Very Bikeable). Scores provided by Walk Score® →
- How many homes like 409 Oakway are for sale in Moorhead?
- 44 similar homes (splits & bi-levels between $255K and $425K in Moorhead) are for sale right now — you have options.
- How fast do homes like 409 Oakway sell in Moorhead?
- Homes like this one (splits & bi-levels between $255K and $425K in Moorhead) went pending in a median 28 days over the last 90 days — 0 of the last 12 went under contract within 4 days.
- Do homes in Moorhead sell for asking price?
- 68% of the last 28 comparable Moorhead sales closed at or over list price — Moorhead doesn't discount. Based on real NorthstarMLS closings, not estimates.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Moorhead area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/26/2026, 5:07 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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