Oliver County, North Dakota Housing Market
In Oliver County, North Dakota, the median home value is $215,700, with a median monthly rent of $756. This places Oliver County at #1244 nationally out of 3134 counties by median home value, and #13 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: $2,073
- Establishments: 56
- BLS QCEW, 2025
Housing Supply
- Single-family: 8
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 746 (avg $88,410)
- Outflow: 719 (avg $89,808)
- IRS Statistics of Income
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| Metric | Oliver County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $215,700 | $175,786 | $227,706 |
| Median Gross Rent | $756 | $772 | $968 |
| Owner Occupancy Rate | 95.2% | 73.6% | 73.3% |
| Price/Rent Ratio | 23.8 | 18.9 | 18.7 |
Market Analysis
The median home value in Oliver County is 22.7% above the North Dakota state average and 5.3% below the U.S. national average. The median rent of $756/month is 2.1% below the state average.
With a price-to-rent ratio of 23.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Oliver County has an owner-occupancy rate of 95.2%, 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 |
|---|---|---|---|
| Lowndes County | Georgia | $215,600 | $1,052 |
| Kingfisher County | Oklahoma | $215,800 | $891 |
| Kosciusko County | Indiana | $216,000 | $1,043 |
| Andrew County | Missouri | $215,400 | $961 |
| Wyoming County | Pennsylvania | $215,400 | $943 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Stutsman County | $208,400 | $774 | 63.1% |
| McLean County | $227,100 | $784 | 84.2% |
| Traill County | $200,700 | $717 | 74.3% |
| Ramsey County | $199,300 | $714 | 54.5% |
| Mountrail County | $232,700 | $950 | 61.5% |
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).