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Home appreciation in Grand Forks, ND

Over the five years ending 2025, home prices in Grand Forks, ND grew an average of 6.0% a year.

Price growth at a glance

1-year

+4.7%

2025 over 2024. North Dakota: +5.4%.

5-year, per year

+6.0%

Average annual growth, 2020 to 2025. North Dakota: +6.3%.

10-year, per year

+4.1%

+49.8% in total since 2015. North Dakota: +4.1%.

How does your home compare?

Grand Forks, ND home prices rose 49.8% over the ten years to 2025, while its ZIP codes ranged from +39.6% to +56.0%. Look up your home to see where it ranks among the homes around it.

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A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Grand Forks, ND compares with North Dakota

North Dakota averaged +6.3% a year, putting Grand Forks, ND behind the state overall. For five-year price growth, Grand Forks, ND ranks 385th out of 409 metros nationwide and 3rd out of 4 in North Dakota.

Index, 2005 = 100

Grand Forks, ND-MN and North Dakota, quarterly house price index rebased to 100 in 2005.
YearGrand Forks, ND-MNNorth Dakota
2005 Q1100100
2005 Q2102103
2005 Q3106105
2005 Q4108107
2006 Q1109107
2006 Q2110111
2006 Q3113112
2006 Q4111112
2007 Q1113114
2007 Q2116116
2007 Q3116116
2007 Q4116117
2008 Q1118119
2008 Q2116119
2008 Q3117119
2008 Q4118120
2009 Q1118121
2009 Q2118121
2009 Q3117121
2009 Q4117122
2010 Q1119122
2010 Q2117122
2010 Q3119123
2010 Q4117124
2011 Q1117125
2011 Q2120127
2011 Q3119128
2011 Q4122129
2012 Q1121130
2012 Q2123134
2012 Q3125136
2012 Q4125140
2013 Q1128142
2013 Q2130145
2013 Q3135151
2013 Q4138153
2014 Q1139154
2014 Q2143156
2014 Q3144160
2014 Q4146163
2015 Q1147164
2015 Q2149166
2015 Q3152169
2015 Q4152169
2016 Q1154169
2016 Q2156170
2016 Q3160172
2016 Q4159172
2017 Q1160173
2017 Q2161172
2017 Q3163174
2017 Q4161173
2018 Q1157174
2018 Q2161175
2018 Q3161175
2018 Q4162176
2019 Q1160177
2019 Q2163179
2019 Q3166181
2019 Q4167181
2020 Q1165182
2020 Q2166182
2020 Q3171184
2020 Q4170187
2021 Q1171187
2021 Q2175192
2021 Q3184199
2021 Q4186203
2022 Q1191206
2022 Q2197217
2022 Q3200220
2022 Q4204221
2023 Q1193220
2023 Q2203227
2023 Q3207229
2023 Q4203229
2024 Q1208230
2024 Q2216236
2024 Q3215240
2024 Q4221239
2025 Q1222243
2025 Q2221249
2025 Q3229253
2025 Q4229252
2026 Q1233252
2026 Q2237260

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +4.1% a year over ten years, +49.8% in total.

Over this history, home prices never fell more than 0.4% from a prior peak.

The strongest year was 2022 at +10.7%, and the weakest was 2018 at -0.4%.

In 2025 alone the index moved +4.7%, against +5.4% for the state.

ZIP codes in Grand Forks, ND

Over the ten years to 2025, the 5 ZIP codes FHFA measures in this metro ranged from +39.6% in 58203 to +56.0% in 56716, while the metro as a whole rose 49.8%.

ZIP codes in Grand Forks, ND-MN ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
56716+2.2%+6.3%+4.5%+56.0%
58278+11.2%+6.7%+4.5%+55.6%
58201+5.3%+5.4%+3.5%+41.0%
56721+3.7%+5.0%+3.4%+40.3%
58203+3.8%+4.7%+3.4%+39.6%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Grand Forks, ND-MN and North Dakota, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006106.5+6.5%106.3
2007110.7+3.9%111.5
2008112.6+1.7%115.0
2009113.0+0.4%116.8
2010113.3+0.3%118.2
2011114.9+1.4%122.6
2012118.7+3.3%130.0
2013127.5+7.4%142.1
2014137.5+7.9%152.5
2015144.3+4.9%160.7
2016151.1+4.7%164.4
2017154.7+2.4%166.6
2018154.1-0.4%168.3
2019157.5+2.2%172.8
2020161.5+2.5%176.9
2021172.3+6.7%188.2
2022190.6+10.7%207.7
2023193.7+1.6%217.8
2024206.6+6.7%227.4
2025216.2+4.7%239.8

The 4 measured metros in North Dakota

Measured metros in North Dakota ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Fargo, ND-MN+4.1%+6.4%+4.7%
2Bismarck, ND+3.9%+6.2%+3.6%
3Grand Forks, ND-MN+4.7%+6.0%+4.1%
4Minot, ND+6.3%+5.7%+3.1%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. The metro spans ND, MN; the comparison uses North Dakota, the state of its principal city. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the North Dakota row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2