New, ND housing market
No new homes were permitted in 2025.
Home values, sales, trends and how New compares with the towns next door — updated as new data is published.
No new homes permitted in 2025
No permits for new homes were issued in New in 2025. The last year with any was 2024 (9 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, New gained 839 residents while 144 new homes were permitted: about 5.8 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across North Dakota: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 9 | 9 | 0 | $4 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 40 | 4 | 36 | $13.7 million |
| 2021 | 5 | 5 | 0 | $762,000 |
| 2020 | 21 | 18 | 3 | $3.1 million |
| 2019 | 14 | 10 | 4 | $3.8 million |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 10 | 10 | 0 | $481,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 19 | 19 | 0 | $1.6 million |
| 2014 | 18 | 18 | 0 | $1.6 million |
| 2013 | 17 | 17 | 0 | $1.5 million |
| 2012 | 22 | 22 | 0 | $2 million |
| 2011 | 20 | 20 | 0 | $1.8 million |
| 2010 | 24 | 24 | 0 | $2.1 million |
| 2009 | 17 | 17 | 0 | $2 million |
| 2008 | 34 | 2 | 32 | $4.7 million |
| 2007 | 8 | 8 | 0 | $609,000 |
| 2006 | 1 | 1 | 0 | $72,000 |
| 2005 | 7 | 7 | 0 | $139,000 |
| 2004 | 34 | 34 | 0 | $2.9 million |
| 2003 | 12 | 6 | 6 | $564,000 |
| 2002 | 1 | 1 | 0 | $67,000 |
| 2001 | 1 | 1 | 0 | $18,000 |
| 2000 | 0 | 0 | 0 | — |
How New ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4 years of income
The typical New home costs about 4 years of the town's median household income, about the same as across North Dakota (3.8).
How New ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,220
HUD's Fair Market Rent for a two-bedroom in New is $1,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in New pay a median of $851, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.
Studio $990 · 4 bedrooms $2,020
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58763; McKenzie County, ND), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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.