Park River, ND housing market
The typical Park River home is worth about $175,000, up 7.8% in a year, 40% below the North Dakota typical home.
Home values, sales, trends and how Park River compares with the towns next door — updated as new data is published.
Park River at a glance
Typical home value, 2017–2026
Show as a table
| January | Park River | North Dakota |
|---|---|---|
| 2018 | $114,000 | $224,000 |
| 2019 | $119,000 | $220,000 |
| 2020 | $123,000 | $229,000 |
| 2021 | $136,000 | $236,000 |
| 2022 | $138,000 | $251,000 |
| 2023 | $155,000 | $263,000 |
| 2024 | $146,000 | $259,000 |
| 2025 | $160,000 | $273,000 |
| 2026 | $169,000 | $287,000 |
| August 2026 | $175,000 | $292,000 |
No new homes permitted in 2025
No permits for new homes were issued in Park River in 2025. The last year with any was 2020 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Park River gained 21 residents while 9 new homes were permitted: about 2.3 new residents per new home. Building and growth moved roughly in step. 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) | 1 | 1 | 0 | $346,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $238,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $254,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 3 | 3 | 0 | $1.4 million |
| 2013 | 1 | 1 | 0 | $183,000 |
| 2012 | 2 | 0 | 2 | $300,000 |
| 2011 | 1 | 1 | 0 | $202,000 |
| 2010 | 1 | 1 | 0 | $194,000 |
| 2009 | 1 | 1 | 0 | $206,000 |
| 2008 | 1 | 1 | 0 | $203,000 |
| 2007 | 9 | 1 | 8 | $823,000 |
| 2006 | 1 | 1 | 0 | $250,000 |
| 2005 | 1 | 1 | 0 | $174,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $100,000 |
| 2002 | 1 | 1 | 0 | $100,000 |
| 2001 | 1 | 1 | 0 | $100,000 |
| 2000 | 1 | 1 | 0 | $100,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.5 years of income
The typical Park River home costs about 2.5 years of the town's median household income, less than across North Dakota (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,180
HUD's Fair Market Rent for a two-bedroom in Park River is $1,180 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Park River pay a median of $818, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $910 · 4 bedrooms $1,980
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58270; Walsh 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, August 2026. 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.