Grand Forks, ND home prices
Typical home $283,094 · +7.3% in a year · income needed $83,000
The Grand Forks, ND metro area ranks 358 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +7.3% in a year and +24.9% over five years. With 20% down at 7.11%, the typical home costs about $1,936 a month including 1.15% property tax (Grand Forks County rate).
Mortgage on the typical Grand Forks home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $56,619 | $226,476 | $1,524 | $0 | $412 | $1,936 | $83,000 |
| 10% down | $28,309 | $254,785 | $1,714 | $106 | $412 | $2,232 | $95,700 |
| 5% down | $14,155 | $268,940 | $1,809 | $112 | $412 | $2,334 | $100,000 |
| 3.5% down (FHA) | $9,908 | $277,967 | $1,870 | $125 | $412 | $2,407 | $103,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.15% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Grand Forks area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Grand Forks County, ND | $300,182 | +7.8% | 1.15% |
| Polk County, MN | $253,192 | +5.9% | 1.01% |
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Frequently asked questions
How much is a house in Grand Forks?
The typical home in the Grand Forks, ND metro area is worth $283,094 (Zillow, September 2026).
What salary do you need to buy a house in Grand Forks?
About $83,000 a year for the typical home with 20% down at 7.11%.