Minot, ND
Full City Profile · North Dakota · Ward County County
3.4
/5.0
B
Good
47,922
Population
1,730/sq mi density
$77,431
Median Income
$43,915 per capita
$254,400
Home Value
$280,355 Zillow
$928
Median Rent
23.1% income on rent
43°F
Avg Temperature
312
Violent Crime/100K
1,452 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$77,431 median income, 3.4% unemployment
A+
Affordability
4.8 / 5.0
$254,400 home value, $928/mo rent
F
Safety
1.0 / 5.0
312 violent crimes/100K
B
Education
3.4 / 5.0
29.9% bachelor's degree or higher
Housing Overview
Median Home Value
$254,400
10% below
US avg: $281,900
Median Rent
$928/mo
20% below
US avg: $1,163/mo
Homeownership Rate
58.3%
11% below US avg (65.4%)
Total Housing Units
23,710
Median year built: 1984
Home Value by Source
Census Median
$254,400
Zillow (ZHVI)
$280,355
Redfin Median Sale
$300,000
Median Sale Price
$300,000
Median List Price
$299,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.3%
Owner-Occupied
41.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$769/mo
1 Bedroom
$795/mo
2 Bedroom
$965/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,588/mo
Census median rent:
$928/mo
· Zillow rent:
$982/mo
Market Indicators (Redfin)
Median Sale Price
$300,000
Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
41
Price Drops
15.3%
of listings with price reduction
Price Per Sq Ft
$138
Active Inventory
124
homes for sale
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
58.3%
Complete Housing Data
Home Values
| Census Median Value | $254,400 |
| Zillow Home Value (ZHVI) | $280,355 |
| Redfin Median Sale | $300,000 |
| Median Sale Price | $300,000 |
| Median List Price | $299,900 |
| Price Per Sq Ft | $138 |
Rent
| Census Median Rent | $928 |
| Zillow Rent (ZORI) | $982 |
| FMR Studio | $769 |
| FMR 1-Bedroom | $795 |
| FMR 2-Bedroom | $965 |
| FMR 3-Bedroom | $1,297 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 61 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.3% |
| Homes Sold | 41 |
| Active Inventory | 124 |
| Price Per Sq Ft | $138 |
Ownership & Stock
| Owner-Occupied | 58.3% |
| Renter-Occupied | 41.7% |
| Homeownership Rate | 58.3% |
| Total Housing Units | 23,710 |
| Median Year Built | 1984 |
| Rent Burden | 23.1% |