North Dakota
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating ND Cities Since 2000




North Dakota Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$180,349

Number Of Homes And Apartments:
300,043

North Dakota Home Prices

Value Range
> $1,174,000 0.5
$881,001 - $1,174,000 0.5
$587,001 - $881,000 1.6
$470,001 - $587,000 2.6
$353,001 - $470,000 7.6
$235,001 - $353,000 21.2
$118,001 - $235,000 36.2
$59,001 - $118,000 16.5
$0 - $59,000 13.3

North Dakota Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q2 - 2017 Q3
0.89% 3.63% 3
Last 12 Months:
2016 Q3 - 2017 Q3
1.97% 1.97% 2
Last 2 Years:
2015 Q3 - 2017 Q3
4.71% 2.33% 2
Last 5 Years:
2012 Q3 - 2017 Q3
30.75% 5.51% 8
Last 10 Years:
2007 Q3 - 2017 Q3
52.37% 4.30% 10
Since 2000:
2000 Q1 - 2017 Q3
131.00% 4.90% 10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$949 / per month

Homeownership Rate

Homeownership
Owners 61.79
Renters 38.21
Vacant 12.15

Housing Details

Age of Homes

AGE OF North Dakota HOMES
2000 or Newer 18.1
1970 - 1999 42.7
1940 - 1969 24.2
1939 or Older 15.1

Types of Homes

TYPE OF North Dakota HOMES
Single-Family 59.8
Townhomes 5.3
Small Apt. Buildings 6.1
Apt. Complexes 20.8
Mobile Homes 7.9
Other 0.0

Home Size

SIZE OF North Dakota HOMES
No Bedroom 1.81
1 Bedroom 10.03
2 Bedrooms 29.55
3 Bedrooms 32.82
4 Bedrooms 18.64
5 or more bedrooms 7.15