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Fordville city, ND

ZIP 58231 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 58231

Median Home Value
$92,300
Median Rent
$675
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$593/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 58231 in Fordville city, ND, a household would need roughly $25,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $593. That sits below the local median household income ($83,906), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
89.8%+37% vs US avg
x
Vacancy Rate
9.2%-10% vs US avg
x
Broadband Access
88.7%+2% vs US avg
x
4+ Bedrooms
7.7%-48% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
2.0%-70% vs US avg
x
Rent Burden >30%
33.3%-33% vs US avg
x
Mortgage-Free
74.8%+96% vs US avg
x
$92,300
Home Value
$675
Rent
1965
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached89.2%
  • 1-unit attached0.0%
  • 2-9 units1.0%
  • 10+ units0.0%
  • Mobile home & other9.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$92,300
Median rent$675
Owner-occupied89.8%
Vacant9.2%
Price-to-income1.1x
Est. income to buy$25,000