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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$178,032

Number Of Homes And Apartments:
305,163

North Dakota Home Prices

Value Range
> $1,101,000 0.3
$825,001 - $1,101,000 0.6
$550,001 - $825,000 2.1
$440,001 - $550,000 3.4
$330,001 - $440,000 9.0
$220,001 - $330,000 22.6
$110,001 - $220,000 33.5
$55,001 - $110,000 15.5
$0 - $55,000 12.7

North Dakota Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q3 - 2017 Q4
-0.47% -1.86%
1
Last 12 Months:
2016 Q4 - 2017 Q4
1.59% 1.59%
1
Last 2 Years:
2015 Q4 - 2017 Q4
3.46% 1.71%
1
Last 5 Years:
2012 Q4 - 2017 Q4
26.49% 4.81%
7
Last 10 Years:
2007 Q4 - 2017 Q4
51.00% 4.21%
10
Since 2000:
2000 Q1 - 2017 Q4
129.57% 4.79%
10
* 10 is highest


Rent & Homeownership

Average Market Rent:
$904 / per month

Homeownership Rate

Homeownership
Owners 61.26
Renters 38.74
Vacant 12.84

Housing Details

Age of Homes

AGE OF North Dakota HOMES
2000 or Newer 20.1
1970 - 1999 41.8
1940 - 1969 23.6
1939 or Older 14.5

Types of Homes

TYPE OF North Dakota HOMES
Single-Family 59.1
Townhomes 5.4
Small Apt. Buildings 6.0
Apt. Complexes 21.7
Mobile Homes 7.7
Other 0.0

Home Size

SIZE OF North Dakota HOMES
No Bedroom 2.00
1 Bedroom 10.18
2 Bedrooms 29.55
3 Bedrooms 32.70
4 Bedrooms 18.38
5 or more bedrooms 7.19