Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$203,703+7.1% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$44,158About 0.5× the local median income ($81,543): affordable for a typical household
Days on market59 daysAbout the same pace as a year ago
The typical home in Ransom County, ND is worth $203,703, up 7.1% from a year ago. That is well below what local incomes have historically supported: fair value is about $237,118, so the area is 14.1% undervalued. It is a seller's market: homes take about 59 days to sell, listings are down 12% from a year ago, 15% of listings have had a price cut. A household needs about $44,158 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 $81,543. In the latest IRS figures, 31 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
$203,703
Change in 1 year
+7.1%
Overvalued %
−14.1%
Show 6 more
Fair home value
$237,118
Change in 5 years
+3.6%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$1,104
Income needed to afford it
$44,158
Property tax rate
1.01%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,042
Market activity
Listings vs a year ago
−12.5%
Days on market
59
Listings with a price cut
15.4%
Show 3 more
Homes for sale
14
Pending sales per 100 listings
36
Asking price per sq ft
$140
People and jobs
Median household income
$81,543
Population change (1 year)
−0.3%
Unemployment rate
2.9%
Show 4 more
Population
5,617
Income adjusted for cost of living
$93,405
Net moves in (IRS)
−31
Cost of living (US = 100)
87.3
Schools, risk and environment
School rating (1 to 10)
7.0
FEMA hazard risk score (0 to 100)
13.2
Flood risk score
14.3
Show 3 more
Wildfire risk score
59.8
Walkability (1 to 20)
6.5
Road, rail and air noise
52 dB
Questions people ask
Is Ransom County, ND overvalued?
Home prices in Ransom County, ND are well below what local incomes have historically supported: fair value is about $237,118, so the area is 14.1% undervalued.
Is Ransom County, ND a buyer's or seller's market?
Ransom County, ND is a seller's market: homes take about 59 days to sell, listings are down 12% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Ransom County, ND?
Home values in Ransom County, ND are up 7.1% over the last year.
How much do you need to earn to buy a home in Ransom County, ND?
A household needs about $44,158 a year to afford the typical home in Ransom County, ND at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,543.