Towner County, North Dakota Housing Market

In Towner County, North Dakota, the median home value is $134,800, with a median monthly rent of $757. This places Towner County at #2438 nationally out of 3134 counties by median home value, and #34 within North Dakota.

Median Home Value $134,800
Median Rent $757/mo
Owner Occupancy 78.8%
Price/Rent Ratio 14.8

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

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Employment & Wages

499
jobs (private sector)
  • Avg weekly wage: $1,129
  • Establishments: 78
  • BLS QCEW, 2025
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Migration Patterns

+36
net migration (filers, 2021-2022)
  • Inflow: 879 (avg $83,980)
  • Outflow: 843 (avg $85,530)
  • IRS Statistics of Income

How Towner County Compares

MetricTowner CountyNorth Dakota AverageU.S. Average
Median Home Value $134,800 $175,786 $227,706
Median Gross Rent $757 $772 $968
Owner Occupancy Rate 78.8% 73.6% 73.3%
Price/Rent Ratio 14.8 18.9 18.7

Market Analysis

The median home value in Towner County is 23.3% below the North Dakota state average and 40.8% below the U.S. national average. The median rent of $757/month is 1.9% below the state average.

With a price-to-rent ratio of 14.8, buying a home in Towner 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.

Towner County has an owner-occupancy rate of 78.8%, 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
Kittson County Minnesota $134,800 $757
Eastland County Texas $134,800 $866
Henry County Virginia $134,800 $728
Stephenson County Illinois $134,900 $798
Fleming County Kentucky $134,700 $715

Other Counties in North Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Walsh County $132,700 $748 76.0%
Steele County $130,700 $738 77.8%
Nelson County $139,700 $582 75.1%
Cavalier County $125,800 $786 81.3%
Eddy County $124,000 $590 72.0%

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).