The story of this market
The typical home in ZIP 58265 sells for about $230,000, or $177 per square foot.
Prices are down 11.7% from a year ago, which gives buyers more room to negotiate. Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 58265 — Neche
The Northwood housing market is characterized by low inventory and limited sales volume, reflecting its small-town nature. Prices have seen a recent correction, though the market remains stable with homes selling near list price. Activity is largely driven by local demand rather than speculative investment.
This ZIP is best suited for families and individuals seeking a quiet, small-town lifestyle with proximity to the services and employment opportunities of the Grand Forks metro area.
Median prices moved down 11.7% year over year.
Homes spend a median of 17 days on market with 6.0 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 102.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 15.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 58265, Northwood ND
The area is served by local public schools within the Grand Forks County educational framework, generally characterized by small-town community settings.
The region faces standard Midwestern climate risks, including potential for severe thunderstorms and winter weather; flood risk is managed through local infrastructure.
Economic momentum is tied to the broader Grand Forks metro area, with agriculture and regional services serving as primary economic anchors.
Property taxes are assessed at the county level in North Dakota, with rates determined by local mill levies applied to the taxable value of real property.
Commuting is primarily car-dependent, with residents typically driving to employment centers in the nearby Grand Forks area.
Local recreation includes small-town parks and community facilities, with broader outdoor amenities and shopping accessible in the Grand Forks metro area.
The rental market is limited in depth due to the small population size, with low vacancy pressure and minimal short-term rental activity.
The local economy is primarily supported by agriculture and regional services, with significant employment reliance on the nearby Grand Forks metro area.
Transportation is dominated by private vehicle use, with access to regional highway corridors connecting to Grand Forks.
Development is primarily focused on small-scale residential maintenance and local infrastructure improvements.
Grand Forks County utilizes a standard assessment regime based on market value for property tax purposes.
Parcels are subject to local school district levies and county-wide tax assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common to North Dakota.
North Dakota is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding the condition of the home.
Data retrieved from Census Reporter and World Population Review.
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.
- Pembina State Museum4.715.3 mi
- Centennial Park4.69.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space providing recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.