Benson County, North Dakota Housing Market Prices
Benson 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 49% above the North Dakota median More expensive than 80% of counties in North Dakota$187,500
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Median rent 38% below the North Dakota median Cheaper than 87% of counties in North Dakota$587
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Benson County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $125,877 | $248,835 |
| Price Trend (Annual %) | 17.8% | 0.5% | 7.5% |
| Median Gross Rent | $587 | $953 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 3.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Benson County is about 49% higher than in North Dakota. Rent is about 38% lower than the North Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Benson County, up about 17.8% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Benson County rose about 38.8% between 2015 and 2024, from $423 to $587. Over the same span, rent in North Dakota rose about 34.4%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Benson County.
Buying the median-priced home in Benson County costs roughly 26.6 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 Benson County. The price-to-rent ratio in North Dakota is about 11.0.
| Metric | Benson County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $125,877 | $248,835 |
| Median Household Income | $64,290 | $76,862 | $80,455 |
| Price-to-Income Ratio | 2.9 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Benson County rose about 371.2%, while median household income rose about 93.0% 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 | Benson County | North Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.4% | 55.2% | 58.5% |
| Rental Rate | 21.5% | 32.6% | 31.2% |
| Vacancy Rate | 20.1% | 12.3% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Benson County has a homeownership rate of 58.4%, higher than the North Dakota average of 55.2%. Its housing vacancy rate is 20.1%, compared with 12.3% in North Dakota.
Housing Stock
| Metric | Benson County | North Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.86 people | 2.29 people | 2.53 people |
| Median Structure Built Year | 1970 | 1984 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Benson County was built around 1970. On average, 2.9 people live in a home with about 5.8 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Benson County, North Dakota.
What is the median home price in Benson County, North Dakota?
The median home price in Benson County, North Dakota is $187,500, higher than the North Dakota average of $125,877.
What is the average home price in Benson County, North Dakota?
The typical home price in Benson County, North Dakota, reported as the median sale price, is $187,500. 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 Benson County, North Dakota?
The median gross rent in Benson County, North Dakota is $587 per month, lower than the North Dakota average of $953.
What was the median gross rent in Benson County in 2020?
In 2020, the median gross rent in Benson County, North Dakota was $443 per month.
What is the price-to-rent ratio in Benson County, North Dakota?
The price-to-rent ratio in Benson County, North Dakota is about 26.6, meaning it would take roughly 26.6 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 Benson County.
Are home prices or rent rising faster in Benson County, North Dakota?
Both home prices and rent are rising in Benson County, up about 17.8% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Benson County, North Dakota?
58.4% of households in Benson County, North Dakota own their home, higher than the North Dakota average of 55.2%.
What is the vacancy rate in Benson County, North Dakota?
The housing vacancy rate in Benson County, North Dakota is 20.1%, higher than the North Dakota average of 12.3%.
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