The story of this market
The typical home in ZIP 58282 sells for about $93,000, or $65 per square foot.
Prices are down 26.83% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $634 a month.
ZIP 58282 — Walhalla
The Walhalla housing market is characterized by high affordability and low transaction volume, with a median home value of $93,000. Market conditions remain stable, driven by a small, aging population and a reliance on the local agricultural economy. Inventory is limited, and the market is not experiencing significant speculative pressure.
This ZIP is best suited for local workers and those seeking an affordable, rural lifestyle in the Pembina River valley, as it offers low housing costs but limited immediate access to major urban employment centers.
Median prices moved down 26.8% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 16.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 58282, Walhalla, ND
The area is served by the North Border School District, which provides public education for the community.
The area is located in the Pembina River valley, which is subject to seasonal flood risks; property insurance in rural North Dakota is generally stable but sensitive to weather-related claims.
Economic activity is largely driven by agriculture and local government services, with limited large-scale industrial development.
The effective property tax rate of 1.14% reflects a blend of municipal, county, and school district levies; North Dakota does not impose a state-level property tax.
Residents primarily drive alone to work with an average commute time of approximately 30.9 minutes, reflecting the rural nature of the region.
The area is known for the Pembina Gorge State Park, which offers outdoor recreation including hiking and nature trails.
The rental market is characterized by low inventory and limited turnover, with demand primarily driven by local workforce needs.
The local economy is anchored by agriculture, public administration, and seasonal tourism related to the Pembina Gorge.
Transportation is heavily reliant on private vehicles via ND Highway 32, with no public transit infrastructure available.
There are no major large-scale commercial or residential developments currently under construction in the immediate ZIP area.
The Pembina County assessor manages property valuations, with assessments typically reflecting market value trends in the rural North Dakota context.
Parcels are subject to levies from Pembina County, the City of Walhalla, and the North Border School District.
Property insurance availability is generally consistent with rural North Dakota standards, though premiums are influenced by regional flood and wind exposure.
Data retrieved from Census Reporter and Data USA profiles for Walhalla, 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.
- Icelandic State Park4.712.2 mi
- Frost Fire Park4.75.8 mi
- Icelandic State Park4.712.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional destination for outdoor recreation, hiking, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.