McLean County, North Dakota Housing Market Prices
McLean 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 31% above the North Dakota median More expensive than 78% of counties in North Dakota$164,843
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Median rent 18% below the North Dakota median$784
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | McLean County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,843 | $125,877 | $248,835 |
| Price Trend (Annual %) | 19.7% | 0.5% | 7.5% |
| Median Gross Rent | $784 | $953 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 3.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in McLean County is about 31% higher than in North Dakota. Rent is about 18% lower than the North Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in McLean County, up about 19.7% and 3.6% a year respectively. Home prices are changing faster.
Median rent in McLean County rose about 33.6% between 2015 and 2024, from $587 to $784. Over the same span, rent in North Dakota rose about 34.4%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in McLean County.
Buying the median-priced home in McLean County costs roughly 17.5 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in McLean County. The price-to-rent ratio in North Dakota is about 11.0.
| Metric | McLean County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,843 | $125,877 | $248,835 |
| Median Household Income | $82,764 | $76,862 | $80,455 |
| Price-to-Income Ratio | 2.0 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in McLean County rose about 126.3%, while median household income rose about 55.7% 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 | McLean County | North Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.4% | 55.2% | 58.5% |
| Rental Rate | 11.9% | 32.6% | 31.2% |
| Vacancy Rate | 24.6% | 12.3% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
McLean County has a homeownership rate of 63.4%, higher than the North Dakota average of 55.2%. Its housing vacancy rate is 24.6%, compared with 12.3% in North Dakota.
Housing Stock
| Metric | McLean County | North Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.20 people | 2.29 people | 2.53 people |
| Median Structure Built Year | 1980 | 1984 | 1978 |
| Median Number of Rooms | 6.3 | 5.7 | 5.5 |
The typical housing unit in McLean County was built around 1980. On average, 2.2 people live in a home with about 6.3 rooms, staying for about 17.0 years on average.
McLean County, ND Housing Compared With Nearby Counties
McLean County, ND is the 3rd largest of the 4 counties compared here, 9,823 residents against a local median of 33,777. McLean County, ND's median home price, at $164,843, runs 230% above the $49,999 typical of the counties around it.
Median rent tells the same story from another angle: $784 against a local median of $1,047, 25% below it. The counties themselves spread $166,422 on median home price, so McLean County, ND sits at one end of an already wide local range rather than apart from it. McLean County, ND has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| McLean County, ND | 9,823 | $164,843 #2/4 | $784 #4/4 | 84.2% #1/4 |
| Mercer County, ND | 8,337 | $188,671 | $1,030 | 81.1% |
| Ward County, ND | 68,973 | $49,999 | $1,047 | 60.8% |
| Morton County, ND | 33,777 | $22,250 | $1,076 | 74.2% |
Frequently Asked Questions
Common questions about the housing market in McLean County, North Dakota.
What is the median home price in McLean County, North Dakota?
The median home price in McLean County, North Dakota is $164,843, higher than the North Dakota average of $125,877.
What is the average home price in McLean County, North Dakota?
The typical home price in McLean County, North Dakota, reported as the median sale price, is $164,843. 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 McLean County, North Dakota?
The median gross rent in McLean County, North Dakota is $784 per month, lower than the North Dakota average of $953.
What was the median gross rent in McLean County in 2020?
In 2020, the median gross rent in McLean County, North Dakota was $707 per month.
What is the price-to-rent ratio in McLean County, North Dakota?
The price-to-rent ratio in McLean County, North Dakota is about 17.5, meaning it would take roughly 17.5 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in McLean County.
Are home prices or rent rising faster in McLean County, North Dakota?
Both home prices and rent are rising in McLean County, up about 19.7% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in McLean County, North Dakota?
63.4% of households in McLean County, North Dakota own their home, higher than the North Dakota average of 55.2%.
What is the vacancy rate in McLean County, North Dakota?
The housing vacancy rate in McLean County, North Dakota is 24.6%, higher than the North Dakota average of 12.3%.
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