Minot, ND home prices
Typical home $268,966 · +3.4% in a year · income needed $78,100
The Minot, ND metro area ranks 393 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.4% in a year and +24.8% over five years. With 20% down at 7.11%, the typical home costs about $1,822 a month including 1.07% property tax (Ward County rate).
Mortgage on the typical Minot home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,793 | $215,173 | $1,447 | $0 | $374 | $1,822 | $78,100 |
| 10% down | $26,897 | $242,070 | $1,628 | $101 | $374 | $2,104 | $90,200 |
| 5% down | $13,448 | $255,518 | $1,719 | $106 | $374 | $2,200 | $94,300 |
| 3.5% down (FHA) | $9,414 | $264,095 | $1,777 | $119 | $374 | $2,270 | $97,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.07% 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 Minot area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ward County, ND | $281,678 | +3.3% | 1.07% |
| McHenry County, ND | $160,662 | +6.0% | 0.66% |
| Renville County, ND | $193,795 | +10.8% | 0.68% |
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Frequently asked questions
How much is a house in Minot?
The typical home in the Minot, ND metro area is worth $268,966 (Zillow, September 2026).
What salary do you need to buy a house in Minot?
About $78,100 a year for the typical home with 20% down at 7.11%.