Grant County, North Dakota Housing Market
In Grant County, North Dakota, the median home value is $93,200, with a median monthly rent of $675. This places Grant County at #2994 nationally out of 3134 counties by median home value, and #50 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: $997
- Establishments: 84
- BLS QCEW, 2025
Housing Supply
- Single-family: 8
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 936 (avg $55,719)
- Outflow: 910 (avg $54,938)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Grant County Compares
| Metric | Grant County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $93,200 | $175,786 | $227,706 |
| Median Gross Rent | $675 | $772 | $968 |
| Owner Occupancy Rate | 83.4% | 73.6% | 73.3% |
| Price/Rent Ratio | 11.5 | 18.9 | 18.7 |
Market Analysis
The median home value in Grant County is 47.0% below the North Dakota state average and 59.1% below the U.S. national average. The median rent of $675/month is 12.6% below the state average.
With a price-to-rent ratio of 11.5, buying a home in Grant County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Grant County has an owner-occupancy rate of 83.4%, 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 |
|---|---|---|---|
| Marion County | South Carolina | $93,200 | $669 |
| Caldwell Parish | Louisiana | $93,300 | $830 |
| Boone County | West Virginia | $93,100 | $837 |
| Pawnee County | Kansas | $93,000 | $795 |
| Jenkins County | Georgia | $92,900 | $535 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Benson County | $90,000 | $588 | 73.1% |
| Sioux County | $85,400 | $444 | 46.6% |
| Logan County | $102,000 | $838 | 83.0% |
| McIntosh County | $84,200 | $608 | 79.2% |
| Rolette County | $103,800 | $505 | 62.8% |
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).