The story of this market
The typical home in ZIP 58233 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. HUD's fair market rent for a two-bedroom is $850 a month.
This ZIP has no home sales of its own, so its market figures come from Traill County, North Dakota (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 58233 — Forest River
The housing market in ZIP 58233 (Forest River, ND) is characterized by extremely low density and limited transaction volume. Data for median sales prices and active inventory is sparse, reflecting a rural market with minimal turnover. The area maintains a lower-than-average property tax burden compared to the rest of North Dakota.
This area is primarily suited for those seeking a rural, low-density lifestyle, as indicated by the population density of 4 people per square mile.
Median prices moved up 7.3% year over year.
Homes spend a median of 84 days on market with 4.8 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 90% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 5.7% — a stable, low-distress profile.
ZCTA 58233, North Dakota
The ZIP is served by the Midway Public School District, which operates local elementary and high school facilities.
The effective property tax rate for residential units in this ZIP is approximately 0.8%, which is lower than the North Dakota state average of 1.0%.
The rental market is limited, with approximately 14% of housing units being renter-occupied apartments.
The local economy is primarily rural and agricultural, consistent with the low population density of the Forest River area.
The area is served by the Midway Public School District.
Data sourced from City-Data and local real estate profiles; specific ACS tables not available for this low-density ZCTA.
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.