Housing in North Dakota

The median home cost in North Dakota is $204,500. Home appreciation the last 10 years has been 51.8%. Home Appreciation in North Dakota is up 1.2%. Browse North Dakota Real Estate

Average Age of Homes

- The median age of North Dakota real estate is 37 years old

The Rental Market in North Dakota

- Renters make up 30.7% of the North Dakota population
- 3.0% of houses and apartments in North Dakota, are available to rent

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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.

HOUSING	North Dakota, North Dakota	United States
Median Home Age	40	40
Median Home Cost	$204,500	$231,200
Home Appr. Last 12 months	1.2%	6.7%
Home Appr. Last 5 yrs.	19.3%	35.6%
Home Appr. Last 10 yrs.	51.8%	27.4%
Property Tax Rate	$10.14	$11.78
Property Taxes Paid	$2,074	$2,724
Homes Owned	54.6%	56.0%
Housing Vacant	13.6%	12.2%
Homes Rented	31.7%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,136	$1,470
Studio Apartment	$613	$821
1 Bedroom Home or Apartment	$676	$930
2 Bedroom Home or Apartment	$857	$1,148
3 Bedroom Home or Apartment	$1,196	$1,537
4 Bedroom Home or Apartment	$1,418	$1,791
VACANT HOUSING
Vacant For Rent	3.0%	2.1%
Vacant Rented	0.7%	0.5%
Vacant For Sale	0.9%	1.0%
Vacant Sold	0.3%	0.5%
Vacant Vacation	4.2%	4.0%
Vacant Other	4.5%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	4.8%	3.5%
$20,000 to $39,999	4.7%	3.1%
$40,000 to $59,999	5.2%	3.9%
$60,000 to $79,999	5.5%	5.4%
$80,000 to $99,999	5.6%	6.3%
$100,000 to $149,999	14.6%	14.7%
$150,000 to $199,999	17.1%	14.6%
$200,000 to $299,999	24.2%	18.7%
$300,000 to $399,999	10.4%	11.0%
$400,000 to $499,999	3.8%	6.2%
$500,000 to $749,999	2.8%	7.0%
$750,000 to $999,999	0.6%	2.7%
$1,000,000 to $1,499,999	0.3%	1.5%
$1,500,000 to $1,999,999	0.1%	0.5%
$2,000,000 and over	0.2%	0.7%