A typical Lakota home is worth roughly $168,000
Builders were permitted 2 new homes in 2025.
What kind of housing town is Lakota?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.5 years of income
Less than across North Dakota (3.8 years). Try your own numbers below.
That covers a typical Lakota home, with $88K to spare.
A two-bedroom rents for about $870 a month here, $140 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lakota’s typical property tax (0.94% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $870
Renters already here pay a median of $597, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Nelson County, ND): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Lakota in 2025, all single-family houses. Over the past 10 years, Lakota has permitted 11 homes in all.
Between the 2010 and 2020 censuses, Lakota gained 11 residents while 14 new homes were permitted: about 0.8 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across North Dakota: 1.7 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.2 million |
| 2025 | 2 | 2 | 0 | $610,000 |
| 2024 | 3 | 3 | 0 | $910,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $300,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $560,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $630,000 |
| 2016 | 2 | 2 | 0 | $220,000 |
| 2015 | 1 | 1 | 0 | $350,000 |
| 2014 | 1 | 1 | 0 | $40,000 |
| 2013 | 1 | 1 | 0 | $275,000 |
| 2012 | 1 | 1 | 0 | $230,000 |
| 2011 | 2 | 2 | 0 | $355,000 |
| 2010 | 3 | 3 | 0 | $418,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $60,000 |
| 2005 | 1 | 1 | 0 | $150,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 2 | 0 | 2 | $280,000 |
| 2002 | 4 | 4 | 0 | $333,000 |
| 2001 | 17 | 1 | 16 | $1.4 million |
| 2000 | 3 | 1 | 2 | $365,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
66% of Lakota households own their home
Half of Lakota’s homes were built before 1965.
North Dakota: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Lakota 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. 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.