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Home appreciation in Minot, ND

Over the five years ending 2025, home prices in Minot, ND grew an average of 5.7% a year.

Price growth at a glance

1-year

+6.3%

2025 over 2024. North Dakota: +5.4%.

5-year, per year

+5.7%

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

10-year, per year

+3.1%

+35.7% in total since 2015. North Dakota: +4.1%.

How does your home compare?

Minot, ND home prices rose 35.7% over the ten years to 2025, while its ZIP codes ranged from +23.3% to +30.4%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

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

How Minot, ND compares with North Dakota

North Dakota averaged +6.3% a year, putting Minot, ND behind the state overall. For five-year price growth, Minot, ND ranks 388th out of 409 metros nationwide and 4th out of 4 in North Dakota.

Index, 2005 = 100

Minot, ND and North Dakota, quarterly house price index rebased to 100 in 2005.
YearMinot, NDNorth Dakota
2005 Q1100100
2005 Q2104103
2005 Q3108105
2005 Q4111107
2006 Q1112107
2006 Q2113111
2006 Q3115112
2006 Q4116112
2007 Q1117114
2007 Q2120116
2007 Q3121116
2007 Q4120117
2008 Q1123119
2008 Q2130119
2008 Q3133119
2008 Q4135120
2009 Q1135121
2009 Q2136121
2009 Q3140121
2009 Q4143122
2010 Q1147122
2010 Q2142122
2010 Q3147123
2010 Q4149124
2011 Q1150125
2011 Q2155127
2011 Q3161128
2011 Q4166129
2012 Q1167130
2012 Q2179134
2012 Q3182136
2012 Q4184140
2013 Q1189142
2013 Q2189145
2013 Q3198151
2013 Q4188153
2014 Q1190154
2014 Q2193156
2014 Q3195160
2014 Q4196163
2015 Q1194164
2015 Q2203166
2015 Q3193169
2015 Q4191169
2016 Q1192169
2016 Q2196170
2016 Q3194172
2016 Q4187172
2017 Q1195173
2017 Q2191172
2017 Q3190174
2017 Q4194173
2018 Q1195174
2018 Q2191175
2018 Q3192175
2018 Q4191176
2019 Q1193177
2019 Q2194179
2019 Q3195181
2019 Q4197181
2020 Q1200182
2020 Q2199182
2020 Q3201184
2020 Q4203187
2021 Q1202187
2021 Q2207192
2021 Q3215199
2021 Q4219203
2022 Q1222206
2022 Q2232217
2022 Q3232220
2022 Q4233221
2023 Q1219220
2023 Q2238227
2023 Q3240229
2023 Q4243229
2024 Q1245230
2024 Q2252236
2024 Q3249240
2024 Q4250239
2025 Q1268243
2025 Q2259249
2025 Q3267253
2025 Q4265252
2026 Q1258252
2026 Q2277260

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +3.1% a year over ten years, +35.7% in total.

Over this history, home prices never fell more than 1.6% from a prior peak.

The strongest year was 2012 at +12.3%, and the weakest was 2016 at -1.5%.

In 2025 alone the index moved +6.3%, against +5.4% for the state.

ZIP codes in Minot, ND

Over the ten years to 2025, the 2 ZIP codes FHFA measures in this metro ranged from +23.3% in 58701 to +30.4% in 58703, while the metro as a whole rose 35.7%.

ZIP codes in Minot, ND 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.
58703+5.6%+5.4%+2.7%+30.4%
58701+0.8%+4.1%+2.1%+23.3%

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 Minot, ND 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
2006108.0+8.0%106.3
2007113.1+4.7%111.5
2008123.0+8.7%115.0
2009131.1+6.6%116.8
2010138.3+5.5%118.2
2011149.7+8.3%122.6
2012168.1+12.3%130.0
2013180.7+7.5%142.1
2014183.1+1.3%152.5
2015184.6+0.8%160.7
2016181.8-1.5%164.4
2017182.1+0.2%166.6
2018181.6-0.3%168.3
2019184.3+1.5%172.8
2020189.9+3.0%176.9
2021199.1+4.9%188.2
2022217.4+9.2%207.7
2023222.2+2.2%217.8
2024235.5+6.0%227.4
2025250.4+6.3%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. “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