North Dakota Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in North Dakota?
The North Dakota housing market is showing balanced conditions.
home values have grown a moderate 5.0% year-over-year. there are currently 257 homes on the market.
Median Home Value
$275,220
Zillow Home Value Index
Year-over-Year
+5%
Home value change
5-Year Change
+21.4%
Since 2021
Median Rent
$1,153/mo
Zillow Observed Rent Index
Active Listings
257
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for North Dakota vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in North Dakota: $1,153/mo (+5% YoY)
Rent vs. Buy Analysis
With a median home value of $275,220 and average rent of $1,153/mo, the price-to-rent ratio in North Dakota is 19.9. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in North Dakota
Explore housing data for 8 metro areas in North Dakota. Click any market for detailed trends and analysis.
Bismarck, ND
$338,733
Avg rent: $1,312/mo
Williston, ND
$333,089
Avg rent: $1,361/mo
Fargo, ND
$313,130
Avg rent: $1,105/mo
Dickinson, ND
$306,400
Avg rent: $1,210/mo
Grand Forks, ND
$259,677
Avg rent: $1,171/mo
Minot, ND
$258,379
Avg rent: $1,012/mo
Jamestown, ND
$219,065
Wahpeton, ND
$216,237
Avg rent: $897/mo
Continue Learning About North Dakota
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.