The story of this market
The typical home in ZIP 58267 sells for about $67,000, or $54 per square foot.
Prices are down 62.8% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,962 a month.
This ZIP has no home sales of its own, so its market figures come from Cavalier County, North Dakota (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 58267 — Northwood
The housing market in 58267 is characterized by low inventory and stable, modest price growth consistent with rural North Dakota trends. Sales volume remains low, reflecting a quiet market where demand is balanced by limited supply. No major developments are currently impacting the area, keeping the market in a steady, predictable state.
This ZIP is best suited for families and individuals seeking a quiet, affordable rural lifestyle who are comfortable with a commute to larger regional employment hubs.
Median prices moved down 62.8% year over year.
Homes spend a median of 57 days on market with 6.0 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 7.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 58267, Grand Forks County, ND
Crime rates in the Northwood area are generally low, consistent with rural North Dakota trends and significantly below national averages.
The area is served by the Northwood Public School District, which maintains a small-town educational environment with a focus on community-integrated learning.
The region faces standard Midwestern climate risks, including severe winter storms and occasional high-wind events; flood risk is generally low but localized to specific drainage areas.
Economic momentum is driven primarily by regional agriculture and local service industries, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Dakota) — Homestead Property Tax Credit: Provides a reduction in property tax liability based on income brackets, effectively lowering the tax burden for eligible homeowners. State (North Dakota) — Ad Valorem Property Tax: 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).
Commutes are primarily car-dependent, with residents traveling to Grand Forks for major employment and retail services.
Local recreation includes community parks and access to rural outdoor activities, with larger shopping and entertainment venues located in Grand Forks.
The rental market is limited in depth, consisting mostly of single-family homes and small multi-family units with low turnover.
The economy is heavily anchored by the agricultural sector, with support services and local government providing the majority of non-farm employment.
Transportation is entirely reliant on private vehicles, with ND-15 serving as the primary corridor for regional access.
There are no major commercial or residential developments currently in the pipeline for this ZIP code.
The Grand Forks County Tax Director oversees assessments, ensuring properties are valued at true and full market value.
Parcels are subject to Northwood Public School District levies and local township taxes.
Property insurance premiums are stable, though coverage for wind and hail damage remains a standard consideration for homeowners.
Data retrieved from Census Bureau ZCTA profiles.
- Turtle River State Park4.712.6 mi
- Turtle River State Park4.712.6 mi
- Grand Forks International Airport4.424.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
A local 9-hole course serving the immediate community.
Key-figure check: median price diverges 16.2% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $155,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.