Zip 58201 (Grand Forks, ND) Housing

The housing market in Grand Forks, ND 58201 is slightly lower than the national median. The median value for a house in this area is $258,400 compared to the US House Median value of $338,100. Despite the difference, however, the appreciation rate for houses here is still impressive at 7.60%, slightly lower than the US 1 year Appreciation of 8.27%. Overall, the housing market in Grand Forks, ND has shown steady growth and remains an attractive option for those looking to invest in real estate.

The median home cost in Grand Forks (zip 58201) is $258,400. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Grand Forks (zip 58201) is up 9.6%.

Average Age of Homes

- The median age of Grand Forks (zip 58201) real estate is 37 years old

The Rental Market in Grand Forks (zip 58201)

- Renters make up 45.0% of the Grand Forks (zip 58201) population
- 2.1% of houses and apartments in Grand Forks (zip 58201), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grand Forks, North Dakota	United States
	19,778.0	139,647,020.0
	37	42
	$258,400	$338,100
	9.6%	16.6%
	24.4%	57.0%
	61.5%	101.1%
	$12.26	$10.98
	$2,933	$2,690
	46.4%	57.4%
	4.2%	11.2%
	49.5%	31.4%
Vacant Housing
	2.1%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	0.5%	2.8%
	2.6%	3.9%
	1.7%	4.5%
	6.3%	11.3%
	20.2%	13.0%
	34.8%	20.1%
	16.8%	13.6%
	5.1%	8.3%
	6.4%	9.7%
	1.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	10.6%	13.6%
	14.7%	13.2%
	19.9%	14.8%
	10.6%	13.6%
	6.7%	10.0%
	1.5%	4.7%
	8.2%	12.2%

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