Housing in Waterford

Homes in Waterford

Home prices around Waterford have risen about 30% over the past 5 years.

2-bedroom rent

$1,200

a month, utilities in · HUD

What kind of housing town is Waterford?

Read from the numbers below. The page puts what stands out first.

A renters’ town99% of households rent.Newer homesThe typical home was built around 2005.

★ What stands out · Renting

A two-bedroom rents for about $1,200

Renters already here pay a median of $1,449.

Fair Market Rent a month, utilities included

Studio$840

1 bedroom$990

2 bedrooms$1,200

3 bedrooms$1,640

4 bedrooms$1,980

99%

of households rent · ND 37%

626

renter households

50%

of renters spend 30%+ of income on rent · ND 39%

21%

of the median income, for a two-bedroom

$1,449

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ward County, ND HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

1% of Waterford households own their home

Half of Waterford’s homes were built before 2005.

Owners and renters

Own 1%Rent 99%

North Dakota: 63% own.

2005

typical home built · ND 1982

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Home prices up 30% in 5 years

The federal house price index for the ZIP codes around Waterford rose 30% over the past 5 years, slower than across North Dakota (34%). Last year prices rose 5.6%.

Waterford areaNorth Dakota

+5.6%

past year

+30%

past 5 years

+30%

past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Waterford, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

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What Waterford buyers, sellers and renters are saying.

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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. 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.