Rugby, ND58368

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$197,000
0.7% YoY Growth
Median Household Income
$56,200
28.0% 5-Year Growth
Days on Market
80
22.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$895
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$845
N/A
3-Bed Rent
$1,050
N/A

Property Listings — Rugby, ND

As of Oct '25, Realtor.com reports that the median days on market for a home in Rugby, ND is 80. This is a decrease of -22.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$155,00025.0%
Listing Count
1561.0%
Listings as % of Homes0.7%61.0%
Days on Market
80-22.0%
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Demographics — Rugby, ND

As of the latest ACS Survey released in 2023, Rugby, ND has a population of 3,200, which has decreased by -13.2% over the past 5 years. Rugby, ND is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 32.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,200-13.2%
% Under 18
22.2%6.2%
% Seniors
24.4%2.1%
% WFH
8.5%102.4%
% w/ College Degree
32.5%64.1%
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As of the latest ACS Survey released in 2023, Rugby, ND is a predominantly white area, with 93.4% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Rugby, ND is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.0% of the population in Rugby, ND, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.4%0.0%
% Black
0.3%-66.7%
% Hispanic
0.7%-12.5%
% Asian
0.3%-66.7%
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Rugby, ND

According to HUD data as of 2023, there were 34 mortgage originations in Rugby, ND, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Rugby, ND. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
34
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
0.0%
% Second Loans
12.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Rugby, ND

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

Section 8 Market Size

Total Units under HUD
71
Total Units Section 8
71
% Rentals under Section 8
N/A
% Occupied Section 8
71.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$840
2 Bedroom$85$845$930
3 Bedroom$180$1,050$1,230
4 BedroomN/AN/A$1,320

Affordability — Rugby, ND

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$197,000
Median Household Income$56,200

Rugby, ND — ZIP Code Boundary Map

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Frequently Asked Questions