North Dakota Mortgage Rates & Home Prices (2026)
Median price: $245,000 · Avg. rate: 6.88%
North Dakota Market Overview
$245,000
Median Home Price
6.88%
Avg. 30-Yr Rate
0.98%
Property Tax Rate
63.2%
Homeownership Rate
North Dakota offers affordable housing bolstered by energy-sector income. Fargo and Bismarck have the strongest markets. NDHFA provides competitive rates and the DCA program offers up to $16,000 in down payment and closing cost assistance.
Estimated Monthly Payment
Median home in North Dakota (20% down, 30-yr fixed)
$1,590/mo
Principal & Interest$1,288
Property Taxes$200
Home Insurance (est.)$102
Total Monthly (PITI)$1,590
Based on a $245,000 home with 20% down ($196,000 loan) at 6.88%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in North Dakota
- NDHFA FirstHome Program
- DCA DPA Program
- Start Program
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: ND Rates
30-Year Fixed6.88%
15-Year Fixed6.12%
5/1 ARM (est.)6.13%
FHA 30-Year6.73%
VA 30-Year6.63%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: ND
FHA Loan Limit$472,030
Median Income$68,131
Cost Index0.88x