Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$193,789+7.1% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$42,010About 0.6× the local median income ($73,734): affordable for a typical household
Days on market129 daysSlower than a year ago: buyers have time to negotiate
The typical home in Bowman County, ND is worth $193,789, up 7.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $203,224, so the area is 4.6% undervalued. It is a seller's market: homes take about 129 days to sell, listings are down 20% from a year ago, 0% of listings have had a price cut. A household needs about $42,010 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,734. In the latest IRS figures, 4 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$193,789
Change in 1 year
+7.1%
Overvalued %
−4.6%
Show 6 more
Fair home value
$203,224
Change in 5 years
+5.3%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$1,050
Income needed to afford it
$42,010
Property tax rate
0.73%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−20.0%
Days on market
129
Listings with a price cut
0.0%
Show 3 more
Homes for sale
8
Pending sales per 100 listings
25
Asking price per sq ft
$99
People and jobs
Median household income
$73,734
Population change (1 year)
−2.8%
Unemployment rate
3.1%
Show 4 more
Population
2,762
Income adjusted for cost of living
$84,460
Net moves in (IRS)
+4
Cost of living (US = 100)
87.3
Schools, risk and environment
School rating (1 to 10)
4.9
FEMA hazard risk score (0 to 100)
2.1
Flood risk score
2.4
Show 3 more
Wildfire risk score
56.7
Walkability (1 to 20)
6.3
Road, rail and air noise
53 dB
Questions people ask
Is Bowman County, ND overvalued?
Home prices in Bowman County, ND are slightly below what local incomes have historically supported: fair value is about $203,224, so the area is 4.6% undervalued.
Is Bowman County, ND a buyer's or seller's market?
Bowman County, ND is a seller's market: homes take about 129 days to sell, listings are down 20% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Bowman County, ND?
Home values in Bowman County, ND are up 7.1% over the last year.
How much do you need to earn to buy a home in Bowman County, ND?
A household needs about $42,010 a year to afford the typical home in Bowman County, ND at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,734.