North Dakota housing costs at a glance
| North Dakota | |
|---|---|
| Median home value (Zillow) | $294,000 |
| Average effective property tax | 0.94% |
| Typical rate for a new buyer (calculator default) | 1.05% |
| Average homeowners insurance ($300k dwelling) | $2,664 a year |
| 2026 conforming loan limit (one unit) | $832,750 |
Example: median-priced home
North Dakota home for $294,000, 20% down, 6.5% 30-year fixed: principal and interest $1,487 + property tax $257 + insurance $222 = about $1,966 a month. Enter your own rate quote and the actual tax rate of the property for a precise figure.
North Dakota property tax
North Dakota's average effective property tax rate is about 0.94% of value. The state pays a primary residence credit that reduces the property tax on your home (apply with the county), and older or disabled owners with lower incomes can get the homestead credit on top of it.
Other North Dakota costs
- No transfer tax: North Dakota does not tax real estate transfers and does not disclose sale prices.
- Insurance: about $2,660 a year on average, mostly because of hail.
- See also the North Dakota paycheck calculator.
Other states
See also the North Dakota paycheck calculator and mortgage costs in other states.
Frequently asked questions
What is the property tax rate in North Dakota?
About 0.94% of home value on average.
What is the monthly payment on a median-priced North Dakota home?
On a $294,000 home with 20% down at 6.5%, principal and interest are about $1,487; with property tax at 1.05% and average insurance the total is about $1,966 a month.
Does North Dakota have a transfer tax?
No. North Dakota has no real estate transfer tax.
What is the North Dakota primary residence credit?
A state-funded credit that reduces the property tax on your primary residence; apply with the county.
For information only; not a loan offer. Property tax, insurance and closing costs depend on the specific property and lender.
Sources
- North Dakota Office of State Tax Commissioner – property tax
- FHFA – 2026 conforming loan limits
- U.S. Census Bureau ACS 2024 – real estate taxes (via NAHB / Construction Coverage)
- Zillow Home Value Index
- Insurify – home insurance by state
Rules checked: October 2026