The story of this market
The typical home in Traill County, North Dakota sells for about $226,386, or $118 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. Over the long run, values in this county have grown 161% 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%). Worst: 2007 (-3%). 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 3 census tracts in this county (2002 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
54
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $8,160,523.
Mortgage activity
Home lending in this county
84.2%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 260 | 171 | 84.2% | 3.7% | $175,000 |
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 Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).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.
Traill County, North Dakota
Traill County's housing market remains stable with modest price appreciation and low inventory levels. The market is currently favoring buyers in terms of negotiation, as evidenced by sale-to-list ratios below asking price, reflecting a cautious approach in a rural economic environment.
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 · 4 cities · 8 ZIP reports
Median prices moved up 0.4% year over year.
Homes spend a median of 1 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 1.27% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.1% — a stable, low-distress profile.
Deterministic aggregate of 6 researched ZIP reports of 8 — 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.
Traill 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 5.1%/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
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| 58216 | Bathgate | $216,700 | — | — | — | — | — | — | — | $1,014 | researched Sep 27 |
| 58233 | Forest River | — | — | — | — | — | — | — | — | $435 | researched Sep 27 |
| 58240 | Hatton | $185,000 | $112 | +2.8% | 94 | 96.5% | 8.3% | 6 | 12 | $770 | researched Sep 27 |
| 58245 | Hillsboro | $165,000 | $112 | +3.1% | 84 | 97.5% | 8.3% | 6 | 12 | $850 | researched Sep 27 |
| 58256 | Manvel | — | — | — | — | — | — | — | — | $1,375 | researched Sep 27 |
| 58257 | Mayville | $185,000 | $112 | +2.4% | 68 | 97.5% | 12% | 5.2 | 42 | $870 | researched Sep 27 |
| 58274 | Portland | $281,250 | $145 | +92% | 88 | 96.5% | 12% | 8.4 | 42 | $623 | researched Sep 27 |
| 58278 | Thompson | $117,900 | $105 | +5.2% | 120 | 96.5% | 10% | 6.5 | 5 | $817 | 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.
Public education is provided by local school districts serving the county's rural communities, with performance generally consistent with regional North Dakota standards.
The county faces standard regional risks including severe winter weather and potential flooding along the Red River valley, with insurance markets reflecting these environmental exposures.
The local economy is anchored by agriculture and regional services, with limited large-scale industrial development and stable, modest population trends.
Traill County operates under state-mandated property tax assessment formulas, with local levies determined by county, city, and school district requirements; Home Rule charter adoption is a subject of local public discussion.
The rental market is characterized by limited inventory and stable demand, primarily serving local workers and students in the region.
The economy is heavily reliant on the agricultural sector, with support services and local government providing the primary employment base.
Transportation is primarily served by state highways and county roads, with no major public transit infrastructure.
The county assessor manages property valuations based on state-defined agricultural and residential assessment standards.
Parcels are subject to local school district and county-wide special service levies.
Property insurance premiums are influenced by regional weather patterns, including flood risk in the Red River basin.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Major regional river forming the eastern border of the county.
Hosts annual community events and agricultural exhibitions.
Data retrieved from Census Reporter and QuickFacts.
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.