Cass County, North Dakota Housing Market
In Cass County, North Dakota, the median home value is $298,000, with a median monthly rent of $958. This places Cass County at #638 nationally out of 3134 counties by median home value, and #4 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: $1,326
- Establishments: 9,355
- BLS QCEW, 2025
Housing Supply
- Single-family: 659
- Multi-family: 495
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 82,536 (avg $122,484)
- Outflow: 77,664 (avg $126,564)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Cass County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 58042 | 331.0 | — | 2025 |
| 2 | 58012 | 265.3 | +8.57% | 2025 |
| 3 | 58047 | 277.0 | -3.09% | 2025 |
| 4 | 58104 | 252.6 | +3.54% | 2025 |
| 5 | 58103 | 268.0 | +2.82% | 2025 |
| 6 | 58078 | 259.3 | +3.15% | 2025 |
| 7 | 58102 | 268.4 | +3.67% | 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 Cass County Compares
| Metric | Cass County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $298,000 | $175,786 | $227,706 |
| Median Gross Rent | $958 | $772 | $968 |
| Owner Occupancy Rate | 52.0% | 73.6% | 73.3% |
| Price/Rent Ratio | 25.9 | 18.9 | 18.7 |
Market Analysis
The median home value in Cass County is 69.5% above the North Dakota state average and 30.9% above the U.S. national average. The median rent of $958/month is 24.1% above the state average.
With a price-to-rent ratio of 25.9, Cass 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.
Cass County has an owner-occupancy rate of 52.0%, 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 |
|---|---|---|---|
| Platte County | Wyoming | $297,900 | $781 |
| Fairbanks North Star Borough | Alaska | $298,200 | $1,459 |
| Washington County | Arkansas | $298,400 | $1,071 |
| Washington County | Nebraska | $297,600 | $965 |
| Uintah County | Utah | $298,600 | $941 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Williams County | $284,800 | $1,123 | 53.0% |
| Dunn County | $275,000 | $922 | 74.3% |
| Burleigh County | $324,000 | $998 | 71.2% |
| Stark County | $271,700 | $960 | 66.8% |
| Ward County | $267,100 | $1,048 | 60.8% |
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).