The story of this market
The typical home in Pembina County, North Dakota sells for about $145,000, or $105 per square foot.
Prices are up +13.2% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. Over the long run, values in this county have grown 99% since 2002. The biggest natural hazard here is winter weather, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2002–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2014 (+11.3%). Worst: 2017 (-0.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.6%
ND · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,404
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2002–2025
0%
2025 change
FHFA repeat-sales index, median of 1 census tracts in this county (2002 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
65
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $6,417,384.
Mortgage activity
Home lending in this county
81.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 118 | 64 | 81.7% | 0% | $125,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Pembina County, North Dakota
The Pembina County housing market remains stable with modest price appreciation driven by low inventory levels. While population trends show a slight decline, the market maintains a consistent pace of sales, reflecting a steady, rural demand profile.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 5 cities · 5 ZIP reports
Median prices moved up 12.4% year over year.
Homes spend a median of 73 days on market with 3.3 months of supply — a fast-moving market.
5% of listings have cut prices · homes sell at 98.41% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.3% — a stable, low-distress profile.
Deterministic aggregate of 3 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Pembina County, North Dakota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
| 58220 | Cavalier | $191,250 | $113 | +0.7% | 43 | 100% | — | 0.9 | 11 | $801 | researched Sep 27 |
| 58225 | Drayton | $212,000 | $85 | +32.4% | 112 | 96.5% | 12% | 6.2 | 31 | $495 | researched Sep 27 |
| 58240 | Hatton | $185,000 | $112 | +2.8% | 94 | 96.5% | 8.3% | 6 | 12 | $770 | researched Sep 27 |
| 58271 | Pembina | $59,200 | $48 | +2.1% | 142 | 96.5% | — | 8.4 | 4 | $718 | researched Sep 27 |
| 58282 | Walhalla | $93,000 | $65 | -26.8% | 120 | 96% | 10% | 7.5 | 15 | $634 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Pembina County remain low and are generally consistent with rural North Dakota trends, showing no significant volatility in recent reporting periods.
Schools in the county are primarily served by local districts such as Cavalier Public School District, which are characterized by small class sizes and community-focused educational environments.
The county faces periodic flood risks, particularly near the Red River and Tongue River corridors, and is subject to standard regional wind and severe weather insurance considerations.
Economic momentum is driven by agriculture and regional logistics, with limited large-scale industrial development; infrastructure focus remains on maintaining rural transit corridors.
Property taxes are assessed at the county level based on true and full value, with specific mill rates determined by local school districts, townships, and the county government.
The economy is heavily anchored in the agricultural sector, with additional employment provided by local government, education, and regional trade services.
Transportation is primarily facilitated by state highways including ND 32, serving as the main corridors for regional commerce and commuting.
The Pembina County assessor manages property valuations based on annual market analysis and state-mandated assessment guidelines.
Parcels are subject to various special districts including school districts, rural fire protection districts, and water resource districts.
Property insurance premiums are influenced by regional exposure to severe weather events, including flooding and high-wind storms.
- Icelandic State Park4.713.8 mi
- Pembina State Museum4.719.6 mi
- Pembina State Museum4.719.6 mi
- Icelandic State Park4.713.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Features Lake Renwick and significant recreational space near Cavalier.
A prominent geological feature offering unique terrain and outdoor recreation.
Data retrieved from Census Reporter and US Census Bureau QuickFacts.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Allows for non-judicial foreclosure of real property mortgages through advertisement, subject to statutory notice and redemption requirements.
N.D.C.C. Chapter 35-22
applies when — Qualified individuals including seniors and individuals with permanent disabilities meeting specific income and asset thresholds
Provides a reduction in property tax liability based on income brackets, effectively lowering the tax burden for eligible homeowners.
N.D.C.C. Chapter 57-02
Tax is calculated by multiplying the taxable value by the total millage rate. Taxable value is 4.5% of the true and full (market) value. Formula: (Market Value * 0.50 * 0.09) * (Mills / 1000) or more simply (Market Value * 0.045) * (Mills / 1000).
N.D.C.C. Chapters 57-02 through 57-35
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.