Burleigh County, North Dakota Housing Market
In Burleigh County, North Dakota, the median home value is $324,000, with a median monthly rent of $998. This places Burleigh County at #513 nationally out of 3134 counties by median home value, and #3 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: $1,253
- Establishments: 4,278
- BLS QCEW, 2025
Housing Supply
- Single-family: 261
- Multi-family: 42
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 41,794 (avg $105,151)
- Outflow: 39,611 (avg $107,475)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Burleigh County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 58501 | 310.9 | +8.26% | 2025 |
| 2 | 58504 | 303.6 | +3.14% | 2025 |
| 3 | 58503 | 281.8 | +1.41% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Burleigh County Compares
| Metric | Burleigh County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $324,000 | $175,786 | $227,706 |
| Median Gross Rent | $998 | $772 | $968 |
| Owner Occupancy Rate | 71.2% | 73.6% | 73.3% |
| Price/Rent Ratio | 27.1 | 18.9 | 18.7 |
Market Analysis
The median home value in Burleigh County is 84.3% above the North Dakota state average and 42.3% above the U.S. national average. The median rent of $998/month is 29.3% above the state average.
With a price-to-rent ratio of 27.1, Burleigh County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Burleigh County has an owner-occupancy rate of 71.2%, 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 |
|---|---|---|---|
| Fremont County | Colorado | $324,000 | $1,070 |
| Tarrant County | Texas | $323,900 | $1,547 |
| Lake County | California | $324,300 | $1,368 |
| Kings County | California | $324,300 | $1,331 |
| Capitol Planning Region | Connecticut | $323,700 | $1,411 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Billings County | $331,000 | $621 | 77.9% |
| McKenzie County | $349,600 | $1,284 | 53.4% |
| Cass County | $298,000 | $958 | 52.0% |
| Williams County | $284,800 | $1,123 | 53.0% |
| Dunn County | $275,000 | $922 | 74.3% |
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).