StatesNorth Dakota
NDNorth Dakota
North Dakota
Real Estate Guide
A practical starting point for understanding the local property market, transaction process, ownership costs and professional resources.
REGIONMidwestSTATE CAPITALBismarck
Published by USA Real Estate Guide · Content updated · Method and corrections
STATE ANSWER AT A GLANCE
What do North Dakota housing figures show?
U.S. Census Bureau QuickFacts reports a $249,900 median value for owner-occupied housing units, $954 median monthly gross rent and a 62.9% owner-occupied rate for 2020–2024. These are statewide context estimates—not current prices or a forecast.
The July 1, 2025 estimated population is 799,358, a +2.6% change from the April 2020 estimate base. For a property decision, replace these averages with recent comparables, the tax bill, insurance and address-level records.
MEDIAN HOME VALUE$249,900ACS 2020–2024
MEDIAN GROSS RENT$954/moACS 2020–2024
OWNER-OCCUPIED62.9%ACS 2020–2024
HOUSEHOLD INCOME$76,657Median · 2024 dollars
| Evidence | What it can tell you | What to verify next |
|---|---|---|
| Median value and rent | Broad context for positioning the state and forming an initial hypothesis. | Comparable closed sales and rents by area, type, size, condition and date. |
| Mortgaged owner cost | Historical median for certain monthly costs among owners with a mortgage. | Loan offer, tax, insurance, HOA, utilities, maintenance and reserves. |
| Population and households | General demographic scale and direction; it is not future demand. | Jobs, permits, inventory, vacancy and change in the selected micro-market. |
| Local risk | Cannot be resolved by a statewide average. | Exact address with FEMA, insurer, municipality, county, inspection and title sources. |
STATE CONTEXT
How households live and travel.
Census indicators that help frame housing demand, connectivity and the broader economic context.
These statewide averages describe general context and may vary widely among counties, cities and neighborhoods.
LOCAL PRIMER
What to know before choosing a property.
A market should be evaluated at neighborhood level—not only through statewide averages. Compare inventory, sales pace, taxes, insurance, natural hazards, employment, mobility, services and rules that may affect property use. Then visit at different times and test the data against the everyday life you want.
A statewide figure can provide orientation, but it may not describe one street, building or property type. Use recent, genuinely comparable sales, request property-specific estimates and record the date of every figure. When a decision depends on a rule or cost, confirm the answer directly with the relevant authority, insurer, lender or qualified professional.
Property types
Single-family, condo, co-op, multifamily, manufactured housing and land involve different ownership, financing, maintenance and restrictions. Always confirm exactly what transfers and which areas or services are shared.
Closing process
The role of attorneys, title agents, escrow and notaries varies by jurisdiction. Ask who prepares each document, holds the money, examines title, records the transfer and responds when an issue appears.
Risk & insurance
Evaluate flood, fire, wind, earthquake, drainage and other hazards before offering. Obtain real quotes because insurance availability, deductibles and exclusions can change whether a purchase remains viable.
Total cost
Include taxes, dues, maintenance, utilities, insurance, commuting and reserves—not only the mortgage. Separate monthly, annual and exceptional costs so a large bill is not hidden inside a comfortable average.
CENSUS QUICKFACTS
Key data for understanding North Dakota.
Official statewide context for a first comparison. Values and rents are survey estimates—not listing prices or forecasts.
ACS estimates cover a five-year period and carry sampling error. They do not describe a specific home, city or county. View QuickFacts
THE FULL BUDGET
Costs that go far beyond the purchase price.
Organize the budget into pre-closing expenses, cash needed at closing and ongoing ownership costs. Request property-specific figures, leave room for changes and preserve a reserve separate from the money needed to complete the transaction.
01Down payment, rate & financing
02Inspection, specialists & appraisal
03Title, professional fees & closing
04Property taxes & adjustments
05Insurance, deductibles & hazards
06Association, utilities & maintenance
GO LOCAL
Analyze the county and city.
Taxes, permits, schools, hazards and rental rules can change within one state. Enter a location to open a local research framework, then verify its name and facts with official sources.
DATA & SOURCES
Research North Dakota with primary sources.
These links are official starting points. Then search by county, city and the property address before relying on any result.
CENSUS · FIPS 38
North Dakota profile
Population, households, housing, rent and income indicators.
Open data FEMAFlood maps
Enter the exact address to check flood-hazard information.
Open FEMA STATE GOVERNMENTNorth Dakota official portal
Starting point for agencies, licensing, rules, taxes and public services in the state.
Open portal DIRECTORYMore official sources
Financing, taxes, environment, climate, licensing and state governments.
View directoryNORTH DAKOTA ANSWERS
Frequently asked North Dakota housing questions.
Each answer separates statewide context from the checks required for a specific locality and property.
Open the buying guide01What is the median home value in North Dakota?
U.S. Census Bureau QuickFacts reports a $249,900 median value for owner-occupied housing units for the 2020–2024 ACS period. This is a historical statewide survey estimate—not a current listing price or a valuation of a specific home.
02What is the homeownership rate in North Dakota?
The estimated statewide owner-occupied housing unit rate is 62.9% for 2020–2024. The share can differ substantially among counties, cities, property types and household groups.
03What do North Dakota population and rent figures show?
The July 1, 2025 estimated population is 799,358, a 2.6% increase from the April 2020 estimate base. Statewide median gross rent was $954 per month for 2020–2024. Neither figure substitutes for current local-market evidence.
04How do I verify a specific property in North Dakota?
Find the parcel and tax bill through the county, review title and permits, search the exact address in hazard maps, obtain property-specific insurance quotes and confirm zoning, association rules and permitted rental use with accountable authorities and professionals. Record the source and date of every answer.