Best Places to Invest in North Dakota Real Estate
19 North Dakota markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.
| City | Median price | Cap rate | Cash flow/mo | Appreciation YoY | Sold (12mo) |
|---|---|---|---|---|---|
| Fargo | $310,250 | 2.5% | $-1,033 | +3.8% | 1,390 |
| Bismarck | $348,700 | 3.1% | $-1,006 | +1.2% | 1,152 |
| West Fargo | $352,000 | 3.1% | $-970 | +1.8% | 611 |
| Grand Forks | $299,902 | 2.2% | $-1,373 | +31.0% | 603 |
| Minot | $285,000 | 2.4% | $-1,006 | +5.4% | 503 |
| Dickinson | $325,000 | 2.9% | $-966 | +2.1% | 392 |
| Mandan | $309,900 | 2.7% | $-1,166 | -0.6% | 381 |
| Horace | $349,834 | 4.0% | $-760 | +2.8% | 171 |
| Jamestown | $210,450 | 3.2% | $-584 | +4.3% | 140 |
| Watford City | $359,950 | 2.5% | $-1,355 | +21.2% | 122 |
| Lincoln | $344,950 | 3.8% | $-710 | -2.8% | 86 |
| Valley City | $176,500 | 3.5% | $-531 | -3.7% | 72 |
| Wahpeton | $220,000 | 1.8% | $-1,319 | -0.4% | 67 |
| Mapleton | $275,000 | 0.8% | $-2,317 | +15.7% | 44 |
| Beulah | $269,000 | 3.2% | $-642 | +10.0% | 39 |
| Casselton | $302,500 | 2.5% | $-961 | +4.7% | 34 |
| Kindred | $295,000 | 0.6% | $-3,098 | +25.8% | 31 |
| Hazen | $180,000 | 3.9% | $-575 | +27.8% | 31 |
| Lisbon | $213,000 | 5.8% | $-83 | +8.9% | 30 |
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