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 Q2 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:
$180,059

Number Of Homes And Apartments:
299,638

North Dakota Home Prices

Value Range
> $1,169,000 0.5
$877,001 - $1,169,000 0.5
$585,001 - $877,000 1.6
$468,001 - $585,000 2.6
$351,001 - $468,000 7.6
$234,001 - $351,000 21.2
$117,001 - $234,000 36.2
$59,001 - $117,000 16.5
$0 - $59,000 13.3

North Dakota Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
0.53% 2.13% 1
Last 12 Months:
2016 Q2 - 2017 Q2
2.78% 2.78% 2
Last 2 Years:
2015 Q2 - 2017 Q2
6.20% 3.05% 2
Last 5 Years:
2012 Q2 - 2017 Q2
32.04% 5.72% 8
Last 10 Years:
2007 Q2 - 2017 Q2
52.59% 4.32% 10
Since 2000:
2000 Q1 - 2017 Q2
129.63% 4.94% 10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$955 / 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