Wahpeton, ND—58075
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wahpeton, ND
As of Oct '25, the median home price in Wahpeton, ND is $227,000, with a year-over-year change of 6.9%. This indicates that home prices in Wahpeton, ND are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $227,000 | 6.9% |
| Single Family | $227,000 | 7.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 9.0% |
3 Bed | $220,000 | 8.4% |
4 Bed | $276,000 | 7.0% |
| 5 Bed | $363,000 | 5.8% |
% of Housing Stock
Rental Trends — Wahpeton, ND
As of July '25, Rentcast reports the average rent in Wahpeton, ND is $811, with a year-over-year rent change of 13.6%. Per bedroom, the median rent as of July '25 in Wahpeton, ND is studios: $599, 1-bedrooms: $667, 2-bedrooms: $773, 3-bedrooms: $912, 4-bedrooms: $1,370. The most common rental property sizes in Wahpeton, ND are 2-bedroom and 1-bedroom, accounting for 60.9% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $759 | $811 |
| Studio Rent | $599 | $599 |
| 1 Bed Rent | $699 | $667 |
| 2 Bed Rent | $759 | $773 |
| 3 Bed Rent | $809 | $912 |
| 4 Bed Rent | $1,340 | $1,370 |
% of Rental Stock
Property Listings — Wahpeton, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Wahpeton, ND is 111. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 35.0% |
Listing Count | 49 | 1.0% |
| Listings as % of Homes | 0.6% | 1.0% |
Days on Market | 111 | -17.0% |
Demographics — Wahpeton, ND
As of the latest ACS Survey released in 2023, Wahpeton, ND has a population of 8,890, which has decreased by -3.7% over the past 5 years. Wahpeton, ND is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,890 | -3.7% |
% Under 18 | 18.6% | -2.6% |
% Seniors | 19.6% | 27.3% |
% WFH | 7.3% | 87.2% |
% w/ College Degree | 23.9% | 10.6% |
As of the latest ACS Survey released in 2023, Wahpeton, ND is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Wahpeton, ND is hispanic, making up 4.5% of the population. Foreign-born residents account for 0.9% of the population in Wahpeton, ND, and this percentage has decreased by 64.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.8% | -1.9% |
% Black | 1.3% | 44.4% |
% Hispanic | 4.5% | 32.4% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 0.9% | -64.0% |
Mortgage and Risk — Wahpeton, ND
According to HUD data as of 2023, there were 175 mortgage originations in Wahpeton, ND, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Wahpeton, ND. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 175 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Wahpeton, ND
Wahpeton, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 243 |
Total Units Section 8 | 243 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $11 | $699 | $710 |
| 2 Bedroom | $171 | $759 | $930 |
| 3 Bedroom | $491 | $809 | $1,300 |
| 4 Bedroom | $220 | $1,340 | $1,560 |
Affordability — Wahpeton, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $227,000 |
| Median Household Income | $64,200 |