Mountrail County, North Dakota Housing Market
In Mountrail County, North Dakota, the median home value is $232,700, with a median monthly rent of $950. This places Mountrail County at #1049 nationally out of 3134 counties by median home value, and #11 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: $1,641
- Establishments: 467
- BLS QCEW, 2025
Housing Supply
- Single-family: 23
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,612 (avg $109,134)
- Outflow: 3,373 (avg $112,525)
- IRS Statistics of Income
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| Metric | Mountrail County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $232,700 | $175,786 | $227,706 |
| Median Gross Rent | $950 | $772 | $968 |
| Owner Occupancy Rate | 61.5% | 73.6% | 73.3% |
| Price/Rent Ratio | 20.4 | 18.9 | 18.7 |
Market Analysis
The median home value in Mountrail County is 32.4% above the North Dakota state average and 2.2% above the U.S. national average. The median rent of $950/month is 23.1% above the state average.
With a price-to-rent ratio of 20.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Mountrail County has an owner-occupancy rate of 61.5%, 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 |
|---|---|---|---|
| Faulkner County | Arkansas | $232,700 | $1,005 |
| Sheboygan County | Wisconsin | $232,700 | $934 |
| Jefferson County | Florida | $232,600 | $898 |
| Bartholomew County | Indiana | $232,800 | $1,127 |
| Sequatchie County | Tennessee | $232,600 | $818 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| McLean County | $227,100 | $784 | 84.2% |
| Oliver County | $215,700 | $756 | 95.2% |
| Grand Forks County | $252,700 | $992 | 51.8% |
| Stutsman County | $208,400 | $774 | 63.1% |
| Morton County | $263,900 | $1,076 | 74.2% |
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).