The story of this market
The typical home in ZIP 58448 sells for about $165,000, or $112 per square foot.
Prices are up +3.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $469 a month.
ZIP 58448 — Hannaford
The housing market in 58448 is characterized by low inventory and slow turnover, typical of a rural agricultural community. Prices have seen modest year-over-year growth, driven by limited supply rather than high demand. The market remains stable with little speculative activity.
This ZIP is best suited for local agricultural workers, retirees seeking a quiet rural lifestyle, and families looking for affordable housing in a small-town setting.
Median prices moved up 3.1% year over year.
Homes spend a median of 84 days on market with 6.0 months of supply — a balanced-paced 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 0.0% · poverty 10.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 58448, Griggs County ND
Schools serving the area are primarily rural district-based; quality is generally consistent with regional North Dakota standards.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and winter storms; flood risk is localized to low-lying areas near water bodies.
Economic momentum is driven by regional agriculture and local service industries with limited large-scale industrial development.
Property taxes are assessed at the county level based on true and full value; North Dakota provides a homestead credit for qualifying seniors and disabled individuals.
Commutes are primarily by private vehicle with long drive times to regional employment hubs.
Recreation is centered on outdoor activities including local parks, hunting, and fishing access typical of rural North Dakota.
The rental market is limited in depth with low turnover and primarily consists of single-family housing stock.
The economy is heavily reliant on the agricultural sector, including crop production and related support services.
Transportation is dominated by highway travel; no public transit infrastructure exists.
Development is minimal and focused on small-scale residential maintenance.
Griggs County Assessor manages property valuations based on annual market analysis.
Parcels are subject to local school district and county-wide emergency service levies.
Standard homeowners insurance is available, though premiums are influenced by regional weather-related risk profiles.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local historical site preserving regional heritage.
Community green space for local recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.