What's a healthy ratio in North Dakota?

Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.

Does this account for interest rates?

No, price-to-income is rate-agnostic so it stays comparable across cycles.

What if my income is higher?

Your personal ratio matters more than the market median. Use it as a relative comparison.

Buyer authority ND

Most affordable cities for home buyers in North Dakota.

Affordability = how many years of household income buys the median home. This ranks North Dakota cities by price-to-income ratio (lower = more affordable).

Last updated September 2026

North Dakota ranking

12 cities ranked. Click any row for the matching local page.

#	City	Price-to-income ratio	Score
1	Fargo	4.0x income	67	View →
2	Bismarck	3.7x income	72	View →
3	Grand Forks	3.7x income	72	View →
4	Minot	3.7x income	72	View →
5	West Fargo	3.7x income	72	View →
6	Mandan	3.4x income	77	View →
7	Dickinson	3.4x income	77	View →
8	Jamestown	3.4x income	77	View →
9	Devils Lake	3.4x income	77	View →
10	Wahpeton	3.4x income	77	View →
11	Valley City	3.4x income	77	View →
12	Williston	3.2x income	80	View →

Methodology

Ratio = estimated home value ÷ average household income (Census ACS). Demographia bands (under 3.0 affordable, over 5.0 severely unaffordable) are designed around medians, so treat these as directional. Cities whose true median home value likely exceeds the dataset's modeled value (e.g. SF Bay, Manhattan) are flagged in their state pages.

FAQ

What's a healthy ratio in North Dakota?: Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.
Does this account for interest rates?: No, price-to-income is rate-agnostic so it stays comparable across cycles.
What if my income is higher?: Your personal ratio matters more than the market median. Use it as a relative comparison.