State housing costs
North Dakota housing costs, ownership, and rent in the latest ACS
Statewide evidence on home value, income, owner costs, housing stock, tenure, vacancy, and rent for borrower planning.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The local figures answer the first question: North Dakota's 2024 ACS housing baseline reports a median owner-occupied home value of $249,900, median household income of $76,657, and median selected monthly owner costs of $1,762 for owners with a mortgage. For borrower planning, those three reference points may still help a borrower identify which statewide value, income, and recurring-cost assumptions need local replacement first. They remain separate medians, not the price, income, and monthly budget of one typical household, and the $1,762 measure is not a real-estate-tax figure or a current mortgage quote. A real decision still needs local property evidence, borrower documentation, taxes, insurance, maintenance, association obligations, and current loan information.
For the next comparison in North Dakota, read beside the 62.9% owner share and 37.1% renter share, the vacancy figure helps describe how the broad stock was classified without predicting near-term supply. For borrower planning, the borrower should use current listings, property condition, days on market, concessions, and local professional context to answer transaction questions that 12.3% and 377,281 were not designed to resolve.