Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$290,657+5.1% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$63,008About 0.8× the local median income ($80,132): affordable for a typical household
Days on market61 daysAbout the same pace as a year ago
Next 12 months+3.3%Zillow expects prices to rise slightly
The typical home in North Dakota is worth $290,657, up 5.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $298,548, so the area is 2.6% undervalued. It is a seller's market: homes take about 61 days to sell, listings are down 1% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 3.3% over the next year. A household needs about $63,008 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 $80,132. In the latest IRS figures, 669 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
$290,657
Change in 1 year
+5.1%
Overvalued %
−2.6%
Show 7 more
Fair home value
$298,548
Change in 5 years
+19.0%
Zillow forecast, next 12 months
+3.3%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,575
Income needed to afford it
$63,008
Property tax rate
0.99%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,103
Market activity
Listings vs a year ago
−0.6%
Days on market
61
Listings with a price cut
16.7%
Show 3 more
Homes for sale
2,309
Pending sales per 100 listings
34
Asking price per sq ft
$173
People and jobs
Median household income
$80,132
Population change (1 year)
+0.8%
Unemployment rate
2.8%
Show 4 more
Population
799,358
Income adjusted for cost of living
$90,036
Net moves in (IRS)
−669
Cost of living (US = 100)
89.0
Schools, risk and environment
FEMA hazard risk score (0 to 100)
56.6
Unhealthy air days a year
11
Flood risk score
49.7
Show 3 more
Wildfire risk score
65.0
Walkability (1 to 20)
9.1
Road, rail and air noise
52 dB
Questions people ask
Is North Dakota overvalued?
Home prices in North Dakota are slightly below what local incomes have historically supported: fair value is about $298,548, so the area is 2.6% undervalued.
Is North Dakota a buyer's or seller's market?
North Dakota is a seller's market: homes take about 61 days to sell, listings are down 1% from a year ago, 17% of listings have had a price cut.
Are home prices going down in North Dakota?
Home values in North Dakota are up 5.1% over the last year. Zillow's forecast for the next 12 months is +3.3%.
How much do you need to earn to buy a home in North Dakota?
A household needs about $63,008 a year to afford the typical home in North Dakota at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,132.