Sheridan County, North Dakota Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$287,499
$372

Housing Market Overview

Metric Sheridan County North Dakota Avg US Average
Median Home Price $287,499 $140,972 $242,182
Price Trend (Annual %) 0.0% 2.1% 8.2%
Median Gross Rent $372 $934 $1,342
Rent Trend (Annual %) 4.5% 3.5% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Sheridan County
North Dakota
United States
Year Sheridan County North Dakota United States
Median Rent Over Time
Sheridan County
North Dakota
United States
Year Sheridan County North Dakota United States

Affordability

On average, housing unit costs 4.1 yearly household incomes in Sheridan County.

Metric Sheridan County North Dakota Avg US Average
Median Home Price $287,499 $140,972 $242,182
Median Household Income $69,344 $76,061 $78,145
Price-to-Income Ratio 4.1 1.9 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Sheridan County North Dakota Avg US Average
Homeownership Rate 67.7% 55.0% 58.2%
Rental Rate 14.3% 31.7% 31.3%
Vacancy Rate 18.0% 13.3% 10.6%
Median Tenure (years) 16.0 13.0 14.0
Median Year Moved In 2009 2012 2011

Housing Stock

Metric Sheridan County North Dakota Avg US Average
Average Household Size 1.96 people 2.31 people 2.54 people
Median Structure Built Year 1966 1983 1978
Median Number of Rooms 5.6 5.2 5.0