A typical North home is worth roughly $255,000
Home prices around North have risen about 18% over the past 5 years. Builders were permitted 1 new home in 2025.
What kind of housing town is North?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.9 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical North home, with $81K to spare.
A two-bedroom rents for about $1,130 a month here, $410 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, North’s typical property tax (0.98% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 18% in 5 years
The federal house price index for the ZIP code around North rose 18% over the past 5 years, slower than across Minnesota (37%). Last year prices fell 0.9%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around North, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,130
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grand Forks, ND-MN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in North in 2025. Over the past 10 years, North has permitted 12 homes in all.
Between the 2010 and 2020 censuses, North gained 53 residents while 21 new homes were permitted: about 2.5 new residents per new home. Building and growth moved roughly in step. Across Minnesota: 2.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $303,000 |
| 2024 | 1 | 1 | 0 | $303,000 |
| 2023 | 2 | 2 | 0 | $606,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 2 | 2 | 0 | $475,000 |
| 2019 | 2 | 2 | 0 | $452,000 |
| 2018 | 1 | 1 | 0 | $259,000 |
| 2017 | 1 | 1 | 0 | $259,000 |
| 2016 | 2 | 2 | 0 | $492,000 |
| 2015 | 2 | 2 | 0 | $492,000 |
| 2014 | 3 | 3 | 0 | $706,000 |
| 2013 | 3 | 3 | 0 | $550,000 |
| 2012 | 3 | 3 | 0 | $518,000 |
| 2011 | 2 | 2 | 0 | $336,000 |
| 2010 | 2 | 2 | 0 | $336,000 |
| 2009 | 2 | 2 | 0 | $336,000 |
| 2008 | 2 | 2 | 0 | $322,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 4 | 4 | 0 | $596,000 |
| 2005 | 3 | 3 | 0 | $414,000 |
| 2004 | 1 | 1 | 0 | $130,000 |
| 2003 | 1 | 1 | 0 | $123,000 |
| 2002 | 2 | 2 | 0 | $233,000 |
| 2001 | 3 | 3 | 0 | $500,000 |
| 2000 | 0 | 0 | 0 | — |
North's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
86% of North households own their home
Half of North’s homes were built before 1975.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
North vs. its neighbors
North is the priciest of 3 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What North buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.