The story of this market
The typical home in ZIP 58623 sells for about $185,000, or $105 per square foot.
Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $722 a month.
ZIP 58623 — Bowman
The housing market in 58623 is stable, characterized by a limited inventory of single-family homes and consistent pricing. Demand remains steady, driven by local employment in agriculture and energy, with minimal turnover and moderate days on market.
This ZIP code is best suited for families and individuals seeking a quiet, affordable, small-town lifestyle with access to essential local services.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 98 days on market with 2.2 months of supply — a balanced-paced market.
11% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · 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 2.7%/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 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 58623, Bowman County ND
The area is served by the Bowman County School District, which provides standard public education for the region.
The region is subject to standard North Dakota climate risks, including severe winter weather and occasional high winds.
The local economy is anchored by agriculture, energy, and local services, with steady but modest development activity.
Property taxes are assessed at the county level based on true and full value, with specific mill rates determined by local taxing jurisdictions including the city, county, and school district.
Commutes are primarily local within the city of Bowman, with minimal traffic congestion and reliance on personal vehicles.
The area features local parks, community sports facilities, and proximity to outdoor recreation opportunities in the surrounding rural landscape.
The rental market is characterized by limited inventory and stable demand, primarily serving local workers and families.
The economy is driven by agriculture, energy production, and local government services.
Transportation is primarily via personal vehicle on regional highways; no public transit systems are available.
Development is focused on small-scale residential and commercial improvements within the city limits.
The Bowman County Assessor manages property valuations based on annual market analysis and state guidelines.
Parcels are subject to Bowman County, City of Bowman, and Bowman County School District tax levies.
Property insurance premiums are influenced by regional weather risks, including hail and wind exposure.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Central community green space for recreation.
Local historical site showcasing regional heritage.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.