North Dakota
Local Housing Market · Zillow ZHVI · September 2026
$290,657
Typical Home Value
▲ 5.1% YoY ▲ 0.22% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 North Dakota Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$290,657
▲ 5.1% YoY
Month-over-Month
▲ 0.22% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · North Dakota
Market Indicators
REALTOR.COM🏦 LO Market Signal · September 2026
• Inventory is up 0.8% YoY and listing prices are rising 1.7% YoY with 18.9% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 57 days — a slower market. Pending ratio is 0.42 — moderate demand, purchase timelines are manageable.
• New listings are declining 3.1% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$370,700
▲ 1.7% YoY
Median Days on Market
57d
0d YoY
Active Listings
2,278
▲ 0.8% YoY
New Listings
738
▼ 3.1% YoY
Price Reduced Share
18.9%
of active listings
Pending Ratio
0.42
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in North Dakota
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · September 2026
Fargo
▼ COOLING
National rank #156
Median Price
$379,900
Median DOM
53d
Demand score 37/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply