Harwood, ND58005

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$435,000
15.0% YoY Growth
Median Household Income
$144,000
35.2% 5-Year Growth
Days on Market
187
103.0% Longer than last year
Home Price Forecast
0.9%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Harwood, ND

Property Listings — Harwood, ND

As of Oct '25, Realtor.com reports that the median days on market for a home in Harwood, ND is 187. This is a increase of 103.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$222,000-49.0%
Listing Count
2-45.0%
Listings as % of Homes0.6%-45.0%
Days on Market
187103.0%
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Demographics — Harwood, ND

As of the latest ACS Survey released in 2023, Harwood, ND has a population of 779, which has decreased by -15.3% over the past 5 years. Harwood, ND is a popular place for families, as children make up 27.1% of the population. The area has a highly educated workforce, with 47.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
779-15.3%
% Under 18
27.1%-16.6%
% Seniors
9.6%-6.8%
% WFH
9.3%173.5%
% w/ College Degree
47.5%21.5%
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As of the latest ACS Survey released in 2023, Harwood, ND is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Harwood, ND is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.3% of the population in Harwood, ND, and this percentage has increased by 550.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.3%-6.2%
% Black
0.1%-90.9%
% Hispanic
3.9%∞%
% Asian
0.0%N/A
% Foreign Born
1.3%550.0%
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Mortgage and Risk — Harwood, ND

According to HUD data as of 2023, there were 51 mortgage originations in Harwood, ND, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Harwood, ND. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
51
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
0.0%
% Second Loans
2.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Harwood, ND

Harwood, ND lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$860
2 BedroomN/AN/A$1,050
3 BedroomN/AN/A$1,470
4 BedroomN/AN/A$1,770

Affordability — Harwood, ND

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.3
Median Home Price$435,000
Median Household Income$144,000

Harwood, ND — ZIP Code Boundary Map

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Frequently Asked Questions