Morton County, North Dakota Housing Market Prices
Morton 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 82% below the North Dakota median Cheaper than 90% of counties in North Dakota$22,250
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Median rent 13% above the North Dakota median Among the 5 most expensive counties in North Dakota$1,076
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Morton County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,250 | $125,877 | $248,835 |
| Price Trend (Annual %) | 2.0% | 0.5% | 7.5% |
| Median Gross Rent | $1,076 | $953 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 3.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Morton County is about 82% lower than in North Dakota. Rent is about 13% higher 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 Morton County, up about 2.0% and 4.4% a year respectively. Rent is changing faster.
Median rent in Morton County rose about 41.4% between 2015 and 2024, from $761 to $1,076. Over the same span, rent in North Dakota rose about 34.4%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Morton County.
Buying the median-priced home in Morton County costs roughly 1.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Morton County. The price-to-rent ratio in North Dakota is about 11.0.
| Metric | Morton County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,250 | $125,877 | $248,835 |
| Median Household Income | $79,602 | $76,862 | $80,455 |
| Price-to-Income Ratio | 0.3 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Morton County fell about 85.3%, while median household income rose about 57.3% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Morton County | North Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.9% | 55.2% | 58.5% |
| Rental Rate | 23.3% | 32.6% | 31.2% |
| Vacancy Rate | 9.8% | 12.3% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Morton County has a homeownership rate of 66.9%, higher than the North Dakota average of 55.2%. Its housing vacancy rate is 9.8%, compared with 12.3% in North Dakota.
Housing Stock
| Metric | Morton County | North Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.29 people | 2.53 people |
| Median Structure Built Year | 1987 | 1984 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Morton County was built around 1987. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 15.0 years on average.
Morton County, ND Housing Compared With Nearby Counties
How Morton County, ND compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Morton County, ND | 33,777 | $22,250 #3/3 | $1,076 #1/3 | 74.2% #2/3 |
| Mercer County, ND | 8,337 | $188,671 | $1,030 | 81.1% |
| Burleigh County, ND | 100,591 | $27,777 | $997 | 71.2% |
Frequently Asked Questions
Common questions about the housing market in Morton County, North Dakota.
What is the median home price in Morton County, North Dakota?
The median home price in Morton County, North Dakota is $22,250, lower than the North Dakota average of $125,877.
What is the average home price in Morton County, North Dakota?
The typical home price in Morton County, North Dakota, reported as the median sale price, is $22,250. 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 Morton County, North Dakota?
The median gross rent in Morton County, North Dakota is $1,076 per month, higher than the North Dakota average of $953.
What was the median gross rent in Morton County in 2020?
In 2020, the median gross rent in Morton County, North Dakota was $871 per month.
What is the price-to-rent ratio in Morton County, North Dakota?
The price-to-rent ratio in Morton County, North Dakota is about 1.7, meaning it would take roughly 1.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Morton County.
Are home prices or rent rising faster in Morton County, North Dakota?
Both home prices and rent are rising in Morton County, up about 2.0% and 4.4% a year respectively. Rent is changing faster.
What is the homeownership rate in Morton County, North Dakota?
66.9% of households in Morton County, North Dakota own their home, higher than the North Dakota average of 55.2%.
What is the vacancy rate in Morton County, North Dakota?
The housing vacancy rate in Morton County, North Dakota is 9.8%, lower than the North Dakota average of 12.3%.
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