The story of this market
The typical home in ZIP 58278 sells for about $117,900, or $105 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $817 a month.
ZIP 58278 — Thompson
The housing market in ZIP 58571 is characterized by low inventory and stable, modest price growth. Demand is driven by local employment in energy and agriculture, with limited new construction keeping the market balanced but slow-moving.
This area is best suited for long-term residents, retirees, or workers in the regional energy and agricultural sectors who prioritize affordability and a quiet, rural lifestyle over urban amenities.
Median prices moved up 5.2% year over year.
Homes spend a median of 120 days on market with 6.5 months of supply — a slower-moving market.
10% 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 2.8% · poverty 4.1% — 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 2.4%/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 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 58571, Mercer County, ND
Crime rates in the area are generally low and stable, consistent with rural North Dakota trends and significantly lower than national averages.
Public education is provided by the local school district, which serves a small, rural student population with limited extracurricular offerings but high teacher-to-student engagement.
The area faces minimal wildfire risk but is subject to severe winter weather conditions and occasional localized flooding near the Missouri River basin.
Economic momentum is tied to regional energy production and agriculture, with limited new commercial development occurring within the immediate ZIP code.
Property taxes are assessed at the county level based on true and full value, with local mill rates determined by school district and municipal budget requirements.
Residents primarily rely on personal vehicles for commuting, with average travel times reflecting the rural nature of the region and distance to larger employment hubs.
Local recreation is centered on outdoor activities, including proximity to the Missouri River for fishing and boating, and access to small community parks.
The rental market is characterized by low inventory and limited turnover, with most housing stock consisting of single-family homes rather than multi-family complexes.
The local economy is heavily reliant on the energy sector, including coal mining and power generation, alongside traditional agricultural operations.
Transportation infrastructure is limited to state highways, with no public transit systems serving the area.
There are no major large-scale commercial or residential developments currently approved or under construction in the immediate area.
The Mercer County assessor manages property valuations, utilizing a mass appraisal system to determine annual tax assessments.
Parcels are subject to local school district levies and county-wide emergency service and road district assessments.
Property insurance premiums are influenced by the region's exposure to severe weather, including wind and hail, which are common in North Dakota.
Net domestic migration is generally flat, with modest population shifts typical of rural North Dakota communities.
North Dakota is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement, though requirements are generally less stringent than in more urbanized states.
Data retrieved from Census Reporter and Data USA profiles for Stanton, 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.
Provides access to fishing, boating, and outdoor recreation.
Local community space for outdoor gatherings and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.