Barnes County, North Dakota Housing Market Prices
Barnes County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 254% above the North Dakota median Among the 3 most expensive counties in North Dakota$445,454
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Median rent 18% below the North Dakota median$778
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Barnes County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $445,454 | $125,877 | $248,835 |
| Price Trend (Annual %) | 33.1% | 0.5% | 7.5% |
| Median Gross Rent | $778 | $953 | $1,407 |
| Rent Trend (Annual %) | 1.9% | 3.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Barnes County is about 254% higher than in North Dakota. Rent is about 18% lower than the North Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2022
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Barnes County, up about 33.1% and 1.9% a year respectively. Home prices are changing faster.
Median rent in Barnes County rose about 33.7% between 2015 and 2024, from $582 to $778. Over the same span, rent in North Dakota rose about 34.4%.
Affordability
On average, housing unit costs 6.4 yearly household incomes in Barnes County.
Buying the median-priced home in Barnes County costs roughly 47.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Barnes County. The price-to-rent ratio in North Dakota is about 11.0.
| Metric | Barnes County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $445,454 | $125,877 | $248,835 |
| Median Household Income | $69,864 | $76,862 | $80,455 |
| Price-to-Income Ratio | 6.4 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2022, the median home price in Barnes County rose about 307.3%, while median household income rose about 58.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Barnes County | North Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.9% | 55.2% | 58.5% |
| Rental Rate | 25.2% | 32.6% | 31.2% |
| Vacancy Rate | 13.9% | 12.3% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Barnes County has a homeownership rate of 60.9%, higher than the North Dakota average of 55.2%. Its housing vacancy rate is 13.9%, compared with 12.3% in North Dakota.
Housing Stock
| Metric | Barnes County | North Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.06 people | 2.29 people | 2.53 people |
| Median Structure Built Year | 1965 | 1984 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Barnes County was built around 1965. On average, 2.1 people live in a home with about 5.7 rooms, staying for about 17.0 years on average.
Barnes County, ND Housing Compared With Nearby Counties
How Barnes County, ND compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Barnes County, ND | 10,773 | $445,454 #1/2 | $778 #2/2 | 70.8% #1/2 |
| Cass County, ND | 193,305 | $281,320 | $957 | 52.0% |
Frequently Asked Questions
Common questions about the housing market in Barnes County, North Dakota.
What is the median home price in Barnes County, North Dakota?
The median home price in Barnes County, North Dakota is $445,454, higher than the North Dakota average of $125,877.
What is the average home price in Barnes County, North Dakota?
The typical home price in Barnes County, North Dakota, reported as the median sale price, is $445,454. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Barnes County, North Dakota?
The median gross rent in Barnes County, North Dakota is $778 per month, lower than the North Dakota average of $953.
What was the median gross rent in Barnes County in 2020?
In 2020, the median gross rent in Barnes County, North Dakota was $731 per month.
What is the price-to-rent ratio in Barnes County, North Dakota?
The price-to-rent ratio in Barnes County, North Dakota is about 47.7, meaning it would take roughly 47.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Barnes County.
Are home prices or rent rising faster in Barnes County, North Dakota?
Both home prices and rent are rising in Barnes County, up about 33.1% and 1.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Barnes County, North Dakota?
60.9% of households in Barnes County, North Dakota own their home, higher than the North Dakota average of 55.2%.
What is the vacancy rate in Barnes County, North Dakota?
The housing vacancy rate in Barnes County, North Dakota is 13.9%, higher than the North Dakota average of 12.3%.
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