Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$300,182+7.8% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 12% have cut their price
Income needed to buy, per year$65,073About 0.9× the local median income ($70,919): affordable for a typical household
Days on market59 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+4.4%Zillow expects prices to rise strongly
The typical home in Grand Forks County, ND is worth $300,182, up 7.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $296,551, so the area is 1.2% overvalued. It is a balanced market: homes take about 59 days to sell, listings are up 20% from a year ago, 12% of listings have had a price cut. Zillow expects prices to rise about 4.4% over the next year. A household needs about $65,073 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 $70,919. Typical rent is $1,153 a month, or $1,641 for a house. In the latest IRS figures, 403 more people moved out than in.
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
$300,182
Change in 1 year
+7.8%
Overvalued %
+1.2%
Show 7 more
Fair home value
$296,551
Change in 5 years
+23.0%
Zillow forecast, next 12 months
+4.4%
Home value to income
4.2×
Monthly mortgage payment (20% down)
$1,627
Income needed to afford it
$65,073
Property tax rate
1.15%
Rent and investing
Typical rent
$1,153
Typical rent for houses
$1,641
Price-to-rent ratio
21.7×
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HUD Fair Market Rent, 2 bedrooms
$1,014
Gross rental yield
4.61%
Cap rate (estimate)
3.00%
Market activity
Listings vs a year ago
+20.5%
Days on market
59
Listings with a price cut
12.2%
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Homes for sale
153
Pending sales per 100 listings
41
Asking price per sq ft
$178
People and jobs
Median household income
$70,919
Population change (1 year)
+1.2%
Unemployment rate
2.3%
Show 4 more
Population
74,501
Income adjusted for cost of living
$81,798
Net moves in (IRS)
−403
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
57.7
Flood risk score
61.7
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Wildfire risk score
55.3
Walkability (1 to 20)
12.9
Road, rail and air noise
52 dB
Questions people ask
Is Grand Forks County, ND overvalued?
Home prices in Grand Forks County, ND are slightly above what local incomes have historically supported: fair value is about $296,551, so the area is 1.2% overvalued.
Is Grand Forks County, ND a buyer's or seller's market?
Grand Forks County, ND is a balanced market: homes take about 59 days to sell, listings are up 20% from a year ago, 12% of listings have had a price cut.
Are home prices going down in Grand Forks County, ND?
Home values in Grand Forks County, ND are up 7.8% over the last year. Zillow's forecast for the next 12 months is +4.4%.
How much do you need to earn to buy a home in Grand Forks County, ND?
A household needs about $65,073 a year to afford the typical home in Grand Forks County, ND at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,919.