Foster County, North Dakota Housing Market
In Foster County, North Dakota, the median home value is $167,500, with a median monthly rent of $780. This places Foster County at #1856 nationally out of 3134 counties by median home value, and #24 within North Dakota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2023
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,128
- Establishments: 155
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,376 (avg $93,161)
- Outflow: 1,331 (avg $94,603)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Foster County Compares
| Metric | Foster County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $167,500 | $175,786 | $227,706 |
| Median Gross Rent | $780 | $772 | $968 |
| Owner Occupancy Rate | 79.7% | 73.6% | 73.3% |
| Price/Rent Ratio | 17.9 | 18.9 | 18.7 |
Market Analysis
The median home value in Foster County is 4.7% below the North Dakota state average and 26.4% below the U.S. national average. The median rent of $780/month is 1.0% above the state average.
With a price-to-rent ratio of 17.9, the buy-vs-rent decision in Foster County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Foster County has an owner-occupancy rate of 79.7%, compared to 73.6% in North Dakota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Tazewell County | Illinois | $167,500 | $909 |
| Dent County | Missouri | $167,500 | $660 |
| Nottoway County | Virginia | $167,500 | $972 |
| Divide County | North Dakota | $167,600 | $1,105 |
| Sheridan County | Kansas | $167,200 | $689 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Divide County | $167,600 | $1,105 | 77.3% |
| Renville County | $166,000 | $828 | 78.7% |
| Slope County | $170,000 | $525 | 80.7% |
| Bowman County | $164,900 | $765 | 83.3% |
| Sargent County | $163,200 | $816 | 72.5% |
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).