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North Dakota
Real Estate Appreciation & Housing Market Trends






North Dakota Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value

$249,568

Number Of Homes And Apartments:

316,542

North Dakota Home Prices

> $1,183,453
$887,563 - $1,183,453
$591,745 - $887,562
$473,287 - $591,744
$354,988 - $473,286
$236,620 - $354,987
$118,480 - $236,619
$59,035 - $118,479
$0 - $59,034
0.7%
0.7%
1.0%
1.0%
4.7%
4.7%
5.3%
5.3%
14.4%
14.4%
28.1%
28.1%
27.4%
27.4%
10.1%
10.1%
8.3%
8.3%
0% 100.0%
% of Homes

North Dakota Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,212 / per month

Homeownership Rate

Owners
Renters
Vacant
61.0%
61.0%
39.0%
39.0%
14.5%
14.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
28.6%
28.6%
38.2%
38.2%
21.1%
21.1%
12.1%
12.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.1%
57.1%
5.9%
5.9%
5.7%
5.7%
24.2%
24.2%
7.1%
7.1%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.1%
3.1%
9.9%
9.9%
28.2%
28.2%
31.5%
31.5%
18.9%
18.9%
8.4%
8.4%
0% 100.0%
% of Homes