McHenry County, North Dakota Housing Market
In McHenry County, North Dakota, the median home value is $151,000, with a median monthly rent of $713. This places McHenry County at #2218 nationally out of 3134 counties by median home value, and #31 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: $1,155
- Establishments: 196
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,268 (avg $73,303)
- Outflow: 2,190 (avg $75,072)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for McHenry County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for McHenry County →How McHenry County Compares
| Metric | McHenry County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $151,000 | $175,786 | $227,706 |
| Median Gross Rent | $713 | $772 | $968 |
| Owner Occupancy Rate | 81.4% | 73.6% | 73.3% |
| Price/Rent Ratio | 17.6 | 18.9 | 18.7 |
Market Analysis
The median home value in McHenry County is 14.1% below the North Dakota state average and 33.7% below the U.S. national average. The median rent of $713/month is 7.6% below the state average.
With a price-to-rent ratio of 17.6, the buy-vs-rent decision in McHenry County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
McHenry County has an owner-occupancy rate of 81.4%, 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 |
|---|---|---|---|
| Benton County | Indiana | $151,000 | $774 |
| Fillmore County | Nebraska | $151,000 | $716 |
| Pleasants County | West Virginia | $151,000 | $715 |
| Hot Spring County | Arkansas | $151,100 | $768 |
| Ford County | Kansas | $151,100 | $1,010 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pierce County | $147,300 | $850 | 81.6% |
| Kidder County | $156,600 | $853 | 76.1% |
| Burke County | $158,100 | $684 | 75.1% |
| Nelson County | $139,700 | $582 | 75.1% |
| Dickey County | $162,400 | $840 | 79.7% |
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).