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The Prairiewood neighborhood became part of the city in the 1970s. It was built around the Prairiewood Golf Course.

Prairiewood is a small residential neighborhood with a mix of rental and owner-occupied housing, including approximately 240 single-family, detached homes, 70 condos and 25 apartment buildings.

Typical range of values for owner-occupied homes (2003): $114,500 to $260,000
Median age of owner-occupied homes: 1978 (1960-1996)

Annexed into city: 1974–1975

Fargo Real Estate