Eddy County, North Dakota Housing Market
In Eddy County, North Dakota, the median home value is $124,000, with a median monthly rent of $590. This places Eddy County at #2566 nationally out of 3134 counties by median home value, and #38 within North Dakota.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $850
- Establishments: 79
- BLS QCEW, 2025
Migration Patterns
- Inflow: 909 (avg $73,529)
- Outflow: 874 (avg $74,015)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Eddy County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 58421 | 267.6 | +18.99% | 2023 |
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 Eddy County Compares
| Metric | Eddy County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $124,000 | $175,786 | $227,706 |
| Median Gross Rent | $590 | $772 | $968 |
| Owner Occupancy Rate | 72.0% | 73.6% | 73.3% |
| Price/Rent Ratio | 17.5 | 18.9 | 18.7 |
Market Analysis
The median home value in Eddy County is 29.5% below the North Dakota state average and 45.5% below the U.S. national average. The median rent of $590/month is 23.6% below the state average.
With a price-to-rent ratio of 17.5, the buy-vs-rent decision in Eddy County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Eddy County has an owner-occupancy rate of 72.0%, 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 |
|---|---|---|---|
| Miller County | Georgia | $124,000 | $810 |
| Perry County | Mississippi | $124,000 | $755 |
| Sheridan County | Montana | $124,000 | $746 |
| Hyde County | North Carolina | $124,000 | $1,263 |
| Pickens County | Alabama | $123,900 | $648 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Golden Valley County | $123,900 | $638 | 79.5% |
| Cavalier County | $125,800 | $786 | 81.3% |
| Griggs County | $119,300 | $573 | 76.6% |
| Pembina County | $119,200 | $684 | 74.6% |
| Steele County | $130,700 | $738 | 77.8% |
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).