Pierce County, North Dakota Housing Market

In Pierce County, North Dakota, the median home value is $147,300, with a median monthly rent of $850. This places Pierce County at #2276 nationally out of 3134 counties by median home value, and #32 within North Dakota.

Median Home Value $147,300
Median Rent $850/mo
Owner Occupancy 81.6%
Price/Rent Ratio 14.4

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

1,389
jobs (private sector)
  • Avg weekly wage: $996
  • Establishments: 176
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 2
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+60
net migration (filers, 2021-2022)
  • Inflow: 1,609 (avg $79,206)
  • Outflow: 1,549 (avg $79,839)
  • IRS Statistics of Income

How Pierce County Compares

MetricPierce CountyNorth Dakota AverageU.S. Average
Median Home Value $147,300 $175,786 $227,706
Median Gross Rent $850 $772 $968
Owner Occupancy Rate 81.6% 73.6% 73.3%
Price/Rent Ratio 14.4 18.9 18.7

Market Analysis

The median home value in Pierce County is 16.2% below the North Dakota state average and 35.3% below the U.S. national average. The median rent of $850/month is 10.1% above the state average.

With a price-to-rent ratio of 14.4, buying a home in Pierce 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.

Pierce County has an owner-occupancy rate of 81.6%, 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

CountyStateMedian Home ValueMedian Rent
Lincoln County Kentucky $147,300 $698
Lynn County Texas $147,300 $927
Potter County Texas $147,300 $1,022
Kanawha County West Virginia $147,300 $906
Lawrence County Pennsylvania $147,200 $831

Other Counties in North Dakota

CountyMedian Home ValueMedian RentOwner Occ.
McHenry County $151,000 $713 81.4%
Nelson County $139,700 $582 75.1%
Kidder County $156,600 $853 76.1%
Burke County $158,100 $684 75.1%
Towner County $134,800 $757 78.8%

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).