The story of this market
The typical home in ZIP 58463 sells for about $145,000, or $82 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $368 a month.
ZIP 58463 — McClusky
The housing market in 58463 is characterized by low volume and high stability, typical of a rural North Dakota community. Prices remain modest and growth is stagnant, driven by a small, aging population and limited economic diversification. Market conditions are expected to remain flat in the near term.
This ZIP is best suited for those seeking a quiet, rural lifestyle, agricultural workers, or retirees looking for low-cost housing in a small-town community.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
7% 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 2.3% · poverty 12.1% — 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 2.6%/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
net outflow — more people moved out than in
ZCTA 58463, Sheridan County ND
Crime rates in Sheridan County are significantly lower than the national average, with property and violent crime incidents being rare in this rural setting.
Schools serving the area are part of small, rural districts with limited extracurricular offerings but high teacher-to-student ratios.
The area faces minimal wildfire risk but is subject to severe winter weather and occasional high-wind events common to the North Dakota plains.
Economic momentum is limited, with the local economy primarily driven by agriculture and small-scale local government services.
Property taxes are assessed at the county level by Sheridan County; the rate is determined by local mill levies applied to the assessed value of real property.
Commutes are primarily local or involve long-distance travel to regional hubs like Bismarck, often exceeding 60 minutes.
Recreation is centered on outdoor activities including hunting, fishing, and access to local community parks and small-town social venues.
The rental market is very thin with limited inventory, primarily consisting of single-family homes; vacancy pressure is low due to the small population base.
The economy is heavily reliant on the agricultural sector, including crop production and livestock, with secondary support from local government and retail.
Transportation is entirely dependent on private vehicles; there is no public transit infrastructure serving this rural area.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
The Sheridan County assessor manages property valuations, focusing on agricultural land assessments and residential property tax equalization.
Parcels are subject to local school district taxes and county-wide emergency service and road maintenance levies.
Property insurance premiums are generally stable, though coverage for wind and hail damage is a standard consideration for homeowners in this region.
North Dakota has experienced modest net domestic migration, though rural areas like Sheridan County often see net out-migration of younger residents.
North Dakota is a judicial foreclosure state, requiring court action to initiate the foreclosure process, which provides significant protections for homeowners.
Sellers are required to provide a property disclosure statement detailing known material defects, though the scope is limited compared to more urban states.
Data retrieved from US Census Bureau ZCTA 58463 profile.
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.
Local community park providing green space and playground facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.