Williams County, North Dakota Housing Market
In Williams County, North Dakota, the median home value is $284,800, with a median monthly rent of $1,123. This places Williams County at #701 nationally out of 3134 counties by median home value, and #5 within North Dakota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,840
- Establishments: 2,106
- BLS QCEW, 2025
Housing Supply
- Single-family: 145
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,463 (avg $99,522)
- Outflow: 13,394 (avg $106,461)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Williams County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 58801 | 515.2 | +5.39% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Williams County Compares
| Metric | Williams County | North Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $284,800 | $175,786 | $227,706 |
| Median Gross Rent | $1,123 | $772 | $968 |
| Owner Occupancy Rate | 53.0% | 73.6% | 73.3% |
| Price/Rent Ratio | 21.1 | 18.9 | 18.7 |
Market Analysis
The median home value in Williams County is 62.0% above the North Dakota state average and 25.1% above the U.S. national average. The median rent of $1,123/month is 45.5% above the state average.
With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Williams County has an owner-occupancy rate of 53.0%, 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 |
|---|---|---|---|
| Jackson County | North Carolina | $284,700 | $904 |
| Millard County | Utah | $284,700 | $882 |
| Cassia County | Idaho | $284,600 | $1,000 |
| Johnson County | Indiana | $284,600 | $1,271 |
| Madison County | North Carolina | $284,600 | $780 |
Other Counties in North Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dunn County | $275,000 | $922 | 74.3% |
| Stark County | $271,700 | $960 | 66.8% |
| Cass County | $298,000 | $958 | 52.0% |
| Ward County | $267,100 | $1,048 | 60.8% |
| 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).