Is now a good time to buy a home in North Dakota?
The typical home value in North Dakota is $293K as of Aug 2026 (Zillow Home Value Index), up 4.9% from a year earlier. Over five years prices have compounded at +3.6% a year. Prices are 2.2% above their 10-year trend line.
North Dakota price trend & forecast
Cities in North Dakota ranked by buy-timing score
| City | Typical value | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Bismarck | $380K | +5.3% | +4.9% | +3.6% | BUY | 53/100 |
| Grand Forks | $306K | +7.5% | +4.9% | +5.0% | BUY | 50/100 |
| West Fargo | $360K | +3.0% | +3.6% | +0.7% | ACCUMULATE | 49/100 |
| Fargo | $326K | +4.4% | +3.9% | +1.2% | ACCUMULATE | 46/100 |
| Mandan | $348K | +4.8% | +4.9% | +0.8% | ACCUMULATE | 43/100 |
| Dickinson | $332K | +3.5% | +4.9% | +2.9% | ACCUMULATE | 42/100 |
| Minot | $281K | +2.9% | +5.3% | +1.3% | ACCUMULATE | 40/100 |
| Williston | $376K | +4.6% | +3.4% | +0.6% | ACCUMULATE | 40/100 |
Frequently asked questions
Is now a good time to buy a home in North Dakota?
As of Aug 2026, our buy-timing signal for North Dakota is ACCUMULATE — prices are near fair value with a modest expected change (+0.7% over 12 months). Buy opportunistically and negotiate on price. Seasonally, prices tend to be softest around Feb 2027. Buy-timing score: 41/100.
Will home prices in North Dakota go down in 2027?
The model projects +0.7% over the next 12 months: about $295K by Aug 2027, with an 80% range of $290K–$301K (today $293K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in North Dakota?
The typical (mid-tier) home value in North Dakota is $293K as of Aug 2026, +4.9% year over year.
What is the cheapest time of year to buy in North Dakota?
Historically, prices in North Dakota run lowest in February, about 1.7% below the annual average, and highest in July.
Which areas in North Dakota have the best buy-timing right now?
Highest buy-timing scores: Bismarck (53/100, BUY), Grand Forks (50/100, BUY) and West Fargo (49/100, ACCUMULATE). Fastest-rising prices: Grand Forks (+7.5%), Bismarck (+5.3%) and Mandan (+4.8%).
Other states
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.