North Dakota housing market
Typical home value
$291K
▲ 5.1% 1 yr
5-year change
+19%
U.S. +20%
Median city rent
$1,216/mo
8 cities
Unemployment rate
2.2%
Median household income
$85K
2025
Key takeaways
- 1The typical home in North Dakota is worth $290,657, up 5.1% in a year and up 19% over five years. That's the #36 most expensive of 51.
- 2Across 8 cities with rent data, median typical rent is $1,216/mo, roughly a 5.0% gross yield on the typical home.
- 3Median household income was $85,060 in 2025, so the typical home costs 3.4× income.
- 4Unemployment is 2.2% (−0.4 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
North Dakota metro areas
Fargo, ND
$328K home$1,103 rent4.0% yield
▲ 3.5% 1 yr
Bismarck, ND
$356K home$1,303 rent4.4% yield
▲ 5.2% 1 yr
Minot, ND
$269K home$1,252 rent5.6% yield
▲ 3.4% 1 yr
Williston, ND
$349K home$1,290 rent4.4% yield
▲ 4.7% 1 yr
Wahpeton, ND
$228K home$844 rent4.4% yield
▲ 4.4% 1 yr
Jamestown, ND
$229K home$1,023 rent5.4% yield
▲ 5.9% 1 yr
North Dakota cities
8 cities, largest first. Click a column to sort.
8 cities
| Fargo | $322K | ▲ 4.1% | $1,094 | ▲ 3.4% | 4.1% |
| Bismarck | $378K | ▲ 5.3% | $1,242 | ▲ 3.1% | 3.9% |
| Grand Forks | $305K | ▲ 7.6% | $1,149 | ▲ 3.9% | 4.5% |
| Minot | $280K | ▲ 3.1% | $1,269 | ▲ 6.6% | 5.4% |
| West Fargo | $365K | ▲ 3.0% | $1,189 | ▲ 7.2% | 3.9% |
| Williston | $372K | ▲ 4.9% | $1,288 | ▼ 4.5% | 4.2% |
| Mandan | $349K | ▲ 5.1% | $1,428 | ▲ 5.5% | 4.9% |
| Jamestown | $215K | ▲ 4.6% | $1,051 | ▲ 5.7% | 5.9% |
Data refreshed Oct 26, 2026.