The story of this market
The typical home in Richland County, North Dakota sells for about $233,047, or $128 per square foot.
Prices are up +4.88% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. Over the long run, values in this county have grown 114% since 2000. Last year 4 of 6 neighborhoods saw prices rise, so the story isn't the same street to street. 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.
Price climate
Every year of price change, 2000–2025
+3.3%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+10.9%). Worst: 2020 (-1.1%). Hover to read a year.
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.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.3%
2025 change
FHFA repeat-sales index, median of 6 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
69
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $12,527,846.
Mortgage activity
Home lending in this county
81.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 526 | 351 | 81.1% | 0% | $180,000 |
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 Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).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.
Richland County, North Dakota
Richland County's housing market shows steady growth with a 4.88% year-over-year increase in median home values. The market remains relatively affordable with a 3.1x price-to-income ratio, though inventory levels are tight. Stability is driven by a consistent local economy and low unemployment rates.
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 · 4 cities · 6 ZIP reports
Median prices moved sideways 0.0% year over year.
Homes spend a median of 0 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.15% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 10.4% — a stable, low-distress profile.
Deterministic aggregate of 3 researched ZIP reports of 6 — 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.
Richland County, North Dakota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
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
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
| 58030 | Fairmount | $215,000 | $138 | +2.4% | 42 | 98.2% | 12% | 4.5 | 18 | $600 | researched Sep 27 |
| 58041 | Hankinson | $215,000 | $138 | +2.4% | 84 | 97.5% | 15% | 4 | 12 | $458 | researched Sep 27 |
| 58048 | Hunter | $133,000 | — | — | — | — | — | — | — | $708 | researched Sep 27 |
| 58053 | Lidgerwood | $101,100 | — | — | — | — | — | — | — | $734 | researched Sep 27 |
| 58075 | Wahpeton | $285,000 | $165 | +2.4% | 42 | 98.2% | 18.5% | 3.8 | 48 | $751 | researched Sep 27 |
| 58077 | Walcott | $325,000 | $185 | +2.4% | 42 | 98.5% | 12% | 3.2 | 18 | $1,450 | 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.
Richland County reported a violent crime rate of 238 per 100,000 residents in 2024, which is considered to be around the middle of the regional range.
Public education is primarily served by the Wahpeton Public School District, which is generally characterized as providing stable, community-focused instruction typical of rural North Dakota.
The county faces periodic flood risks, particularly in areas adjacent to the Red River of the North, necessitating standard flood insurance coverage for many properties.
Economic momentum is anchored by the agricultural sector and manufacturing in the Wahpeton area, with infrastructure supported by the I-29 corridor.
Property taxes are assessed by the county based on local mill rates applied to the true and full value of property, with exemptions available for primary residences and agricultural land.
The rental market is characterized by limited inventory and modest rent growth, with a median asking rent of $903 as of mid-2026.
The economy is driven by agriculture, manufacturing, and local government services, with Wahpeton serving as the primary commercial hub.
The county is served by Interstate 29 and several state highways, providing critical north-south connectivity for regional commerce.
The county assessor's office manages property valuations based on annual market analysis and state-mandated assessment guidelines.
Parcels are subject to various taxing districts including school districts, county government, and local township or city levies.
Property insurance premiums are influenced by regional weather patterns, including wind and flood exposure common to the Red River Valley.
- Dakota Magic Casino3.915.2 mi
- City Brew Hall4.415.8 mi
- Chahinkapa Zoo4.716.5 mi
- World's Largest Catfish4.617 mi
- Chahinkapa Park4.716.2 mi
- Terrace Lanes4.414.6 mi
- Fort Abercrombie State Historic Site4.721.8 mi
- Chahinkapa Zoo4.716.5 mi
- Chahinkapa Park4.716.2 mi
- Dakota Magic Casino3.915.2 mi
- Bois de Sioux Golf Course4.416.6 mi
- Econofoods4.415.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Located in the county seat of Wahpeton.
Serves as a major natural feature and recreational corridor along the eastern border.
Data retrieved from Census Bureau QuickFacts and Census Reporter profiles.
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.