The story of this market
The typical home in ZIP 58277 sells for about $224,000, or $118 per square foot.
Prices are down 6.5% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 58277 — Sharon
The housing market in this region remains stable with low inventory and modest price adjustments. Market activity is driven by local employment in the energy and agricultural sectors, resulting in limited turnover and steady demand.
This area is best suited for local workers and families seeking a quiet, rural lifestyle with affordable housing costs.
Median prices moved down 6.5% year over year.
Homes spend a median of 62 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 17.9% — 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 1.5%/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 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 58571, Mercer County ND
Schools in the region are primarily served by local district systems with limited public reporting data available.
The area is subject to standard North Dakota climate risks, including severe winter weather and potential wind events.
Economic momentum is tied to regional energy and agricultural sectors in Mercer County.
Property taxes are assessed at the county level based on local mill rates applied to the assessed value of real property.
Residents typically drive alone to work with an average commute time of approximately 27.8 minutes.
Local recreation includes access to outdoor activities near the Missouri River and regional park facilities.
The rental market is characterized by low inventory and stable demand from local workforce populations.
The economy is heavily influenced by the energy sector, including coal mining and power generation, alongside agriculture.
Transportation is primarily via personal vehicle on state highway corridors.
No major large-scale commercial developments are currently reported for this specific ZIP.
Mercer County assesses property values based on market-based valuation methods.
Parcels are subject to county, school district, and local township tax levies.
Property insurance premiums are influenced by regional weather risks and the rural nature of the geography.
North Dakota is a judicial foreclosure state.
Sellers are required to provide a property disclosure statement regarding the condition of the home.
Data retrieved from Census Bureau profile for Stanton city, ND.
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.
A major historical landmark located near the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.