The story of this market
The typical home in Billings County, North Dakota sells for about $331,000.
Prices are roughly flat from a year ago (0%), a market in balance. The biggest natural hazard here is winter weather, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Monthly price momentum
Home values since 2015
+4.6%
ND · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,404
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
60
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $1,739,052.
Mortgage activity
Home lending in this county
88.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 17 | 8 | 88.9% | 0% | $325,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Billings County, North Dakota
Billings County is a sparsely populated, rural county with a stable, agriculture and extraction-based economy. Housing market data is limited due to the small population size and rural nature of the area. The county has seen modest population growth and maintains a very low unemployment rate.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 1 city · 1 ZIP report
Median prices moved up 25.8% year over year.
Homes spend a median of 142 days on market with 6.5 months of supply — a slower-moving market.
8% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 10.8% — a stable, low-distress profile.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
| 58645 | Medora | $158,098 | $102 | +25.8% | 142 | 96.5% | 8% | 6.5 | 12 | $629 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is subject to periodic burn bans due to wildfire risk, as evidenced by recent emergency resolutions.
The economy is heavily weighted toward extractive industries and agriculture, with a high GDP per capita relative to labor earnings.
The economy is driven by agriculture, forestry, fishing, hunting, and extractive industries, with a very low unemployment rate.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The South Unit of the park is located in the central part of the county, just north of Medora.
Data sourced from Census Reporter and Data USA.
applies when — Qualified individuals including seniors and individuals with permanent disabilities meeting specific income and asset thresholds
Provides a reduction in property tax liability based on income brackets, effectively lowering the tax burden for eligible homeowners.
N.D.C.C. Chapter 57-02
Allows for non-judicial foreclosure of real property mortgages through advertisement, subject to statutory notice and redemption requirements.
N.D.C.C. Chapter 35-22
Tax is calculated by multiplying the taxable value by the total millage rate. Taxable value is 4.5% of the true and full (market) value. Formula: (Market Value * 0.50 * 0.09) * (Mills / 1000) or more simply (Market Value * 0.045) * (Mills / 1000).
N.D.C.C. Chapters 57-02 through 57-35
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.