Barnes County, North Dakota Housing Market
In Barnes County, North Dakota, the median home value is $173,700, with a median monthly rent of $779. This places Barnes County at #1724 nationally out of 3134 counties by median home value, and #21 within North Dakota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,032
- Establishments: 402
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,431 (avg $78,686)
- Outflow: 4,235 (avg $80,526)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Barnes County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 58072 | 319.2 | +12.34% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Barnes County on Our Sister Sites
Get the complete picture for Barnes County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Barnes County Compares
| Metric | Barnes County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $173,700 | $175,786 | $227,706 |
| Median Gross Rent | $779 | $772 | $968 |
| Owner Occupancy Rate | 70.8% | 73.6% | 73.3% |
| Price/Rent Ratio | 18.6 | 18.9 | 18.7 |
Market Analysis
The median home value in Barnes County is 1.2% below the North Dakota state average and 23.7% below the U.S. national average. The median rent of $779/month is 0.9% above the state average.
With a price-to-rent ratio of 18.6, the buy-vs-rent decision in Barnes County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Barnes County has an owner-occupancy rate of 70.8%, compared to 73.6% in North Dakota and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Boone County | Nebraska | $173,700 | $850 |
| Linn County | Kansas | $173,600 | $691 |
| Christian County | Kentucky | $173,600 | $1,040 |
| Marshall County | Kentucky | $173,800 | $798 |
| Day County | South Dakota | $173,600 | $660 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Slope County | $170,000 | $525 | 80.7% |
| Divide County | $167,600 | $1,105 | 77.3% |
| Foster County | $167,500 | $780 | 79.7% |
| Renville County | $166,000 | $828 | 78.7% |
| Bowman County | $164,900 | $765 | 83.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).