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Counties with the lowest home prices in North Dakota

Written by:
June 8, 2021
Arina P Habich // Shutterstock

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Counties with the lowest home prices in North Dakota

The real estate market is booming right now thanks to low interest rates, a flood of millennial buyers, and shrinking inventory. The median cost of a home has increased 20% year over year, hitting $347,500, according to a report released in April 2020 by real estate listing website Redfin. These high asking costs—while good for sellers—are pricing many buyers out of the market entirely.

But all things are not equal when it comes to real estate in the United States.

Credible used 2021 data calculated by the National Association of REALTORS to compile a list of counties with the lowest median home values and monthly mortgage payments in North Dakota. Counties were ranked by the monthly mortgage payment for a typical home in 2020, from lowest to highest. Ties were broken by median home values in 2020.

The National Association of REALTORS calculated the fourth quarter 2020 median home values by applying the Federal Housing Finance Agency's House Price Index growth to 2019 housing and population data from the American Community Survey and determining an estimate of 2020 median home values for all counties where data is available. The monthly mortgage payments for fourth quarter 2019 and fourth quarter 2020 were calculated for a 30-year fixed-rate mortgage with a 10% down payment.

Keep reading to discover which county in North Dakota has the lowest home prices.

#30. Pierce County

- Monthly mortgage payment in 2020: $487 (3.4% less than 2019)
- Monthly mortgage payment in 2019: $504
- Median home value in 2020: $131,600
- Ranked #1,463 out of 3,120 counties nationwide

#29. Richland County

- Monthly mortgage payment in 2020: $484 (11.2% less than 2019)
- Monthly mortgage payment in 2019: $545
- Median home value in 2020: $130,800
- Ranked #1,452 out of 3,120 counties nationwide

#28. Ransom County

- Monthly mortgage payment in 2020: $461 (14.6% less than 2019)
- Monthly mortgage payment in 2019: $540
- Median home value in 2020: $124,500
- Ranked #1,323 out of 3,120 counties nationwide

#27. Adams County

- Monthly mortgage payment in 2020: $459 (29.7% less than 2019)
- Monthly mortgage payment in 2019: $653
- Median home value in 2020: $124,000
- Ranked #1,314 out of 3,120 counties nationwide

#26. Dickey County

- Monthly mortgage payment in 2020: $447 (3.2% less than 2019)
- Monthly mortgage payment in 2019: $462
- Median home value in 2020: $120,800
- Ranked #1,218 out of 3,120 counties nationwide

#25. McHenry County

- Monthly mortgage payment in 2020: $444 (17.8% less than 2019)
- Monthly mortgage payment in 2019: $540
- Median home value in 2020: $119,800
- Ranked #1,188 out of 3,120 counties nationwide

#24. Golden Valley County

- Monthly mortgage payment in 2020: $440 (16.3% less than 2019)
- Monthly mortgage payment in 2019: $526
- Median home value in 2020: $118,900
- Ranked #1,167 out of 3,120 counties nationwide

#23. Burke County

- Monthly mortgage payment in 2020: $433 (13.7% less than 2019)
- Monthly mortgage payment in 2019: $502
- Median home value in 2020: $117,000
- Ranked #1,127 out of 3,120 counties nationwide

#22. Kidder County

- Monthly mortgage payment in 2020: $433 (5.9% less than 2019)
- Monthly mortgage payment in 2019: $460
- Median home value in 2020: $117,000
- Ranked #1,128 out of 3,120 counties nationwide

#21. Hettinger County

- Monthly mortgage payment in 2020: $421 (13.6% less than 2019)
- Monthly mortgage payment in 2019: $487
- Median home value in 2020: $113,800
- Ranked #1,057 out of 3,120 counties nationwide

#20. Sargent County

- Monthly mortgage payment in 2020: $417 (9.7% less than 2019)
- Monthly mortgage payment in 2019: $462
- Median home value in 2020: $112,700
- Ranked #1,034 out of 3,120 counties nationwide

#19. LaMoure County

- Monthly mortgage payment in 2020: $408 (9.9% less than 2019)
- Monthly mortgage payment in 2019: $453
- Median home value in 2020: $110,200
- Ranked #974 out of 3,120 counties nationwide

#18. Cavalier County

- Monthly mortgage payment in 2020: $396 (8.3% less than 2019)
- Monthly mortgage payment in 2019: $432
- Median home value in 2020: $106,900
- Ranked #878 out of 3,120 counties nationwide

#17. Slope County

- Monthly mortgage payment in 2020: $386 (1.8% less than 2019)
- Monthly mortgage payment in 2019: $393
- Median home value in 2020: $104,100
- Ranked #807 out of 3,120 counties nationwide

#16. Griggs County

- Monthly mortgage payment in 2020: $370 (14.2% less than 2019)
- Monthly mortgage payment in 2019: $431
- Median home value in 2020: $99,800
- Ranked #699 out of 3,120 counties nationwide

#15. Emmons County

- Monthly mortgage payment in 2020: $367 (17.7% less than 2019)
- Monthly mortgage payment in 2019: $446
- Median home value in 2020: $99,200
- Ranked #681 out of 3,120 counties nationwide

#14. Wells County

- Monthly mortgage payment in 2020: $359 (16.3% less than 2019)
- Monthly mortgage payment in 2019: $429
- Median home value in 2020: $97,000
- Ranked #638 out of 3,120 counties nationwide

#13. Pembina County

- Monthly mortgage payment in 2020: $353 (10.2% less than 2019)
- Monthly mortgage payment in 2019: $393
- Median home value in 2020: $95,400
- Ranked #605 out of 3,120 counties nationwide

#12. Walsh County

- Monthly mortgage payment in 2020: $345 (8.0% less than 2019)
- Monthly mortgage payment in 2019: $375
- Median home value in 2020: $93,200
- Ranked #544 out of 3,120 counties nationwide

#11. Eddy County

- Monthly mortgage payment in 2020: $332 (9.3% less than 2019)
- Monthly mortgage payment in 2019: $366
- Median home value in 2020: $89,700
- Ranked #444 out of 3,120 counties nationwide

#10. Logan County

- Monthly mortgage payment in 2020: $329 (11.1% less than 2019)
- Monthly mortgage payment in 2019: $370
- Median home value in 2020: $88,800
- Ranked #429 out of 3,120 counties nationwide

#9. Steele County

- Monthly mortgage payment in 2020: $323 (5.8% less than 2019)
- Monthly mortgage payment in 2019: $343
- Median home value in 2020: $87,300
- Ranked #389 out of 3,120 counties nationwide

#8. Sheridan County

- Monthly mortgage payment in 2020: $320 (12.6% less than 2019)
- Monthly mortgage payment in 2019: $366
- Median home value in 2020: $86,300
- Ranked #362 out of 3,120 counties nationwide

#7. Nelson County

- Monthly mortgage payment in 2020: $319 (14.7% less than 2019)
- Monthly mortgage payment in 2019: $374
- Median home value in 2020: $86,200
- Ranked #360 out of 3,120 counties nationwide

#6. Rolette County

- Monthly mortgage payment in 2020: $318 (10.9% less than 2019)
- Monthly mortgage payment in 2019: $357
- Median home value in 2020: $85,900
- Ranked #352 out of 3,120 counties nationwide

#5. Sioux County

- Monthly mortgage payment in 2020: $317 (12.9% less than 2019)
- Monthly mortgage payment in 2019: $364
- Median home value in 2020: $85,700
- Ranked #343 out of 3,120 counties nationwide

#4. Grant County

- Monthly mortgage payment in 2020: $310 (9.1% less than 2019)
- Monthly mortgage payment in 2019: $341
- Median home value in 2020: $83,700
- Ranked #295 out of 3,120 counties nationwide

#3. Benson County

- Monthly mortgage payment in 2020: $296 (8.4% less than 2019)
- Monthly mortgage payment in 2019: $323
- Median home value in 2020: $79,900
- Ranked #224 out of 3,120 counties nationwide

#2. McIntosh County

- Monthly mortgage payment in 2020: $292 (13.1% less than 2019)
- Monthly mortgage payment in 2019: $336
- Median home value in 2020: $78,900
- Ranked #202 out of 3,120 counties nationwide

#1. Towner County

- Monthly mortgage payment in 2020: $266 (18.2% less than 2019)
- Monthly mortgage payment in 2019: $325
- Median home value in 2020: $71,800
- Ranked #113 out of 3,120 counties nationwide

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