Carrington, ND—58421
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carrington, ND
Carrington, ND lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 5.1% |
| Single Family | $189,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carrington, ND
Carrington, ND lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Carrington, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Carrington, ND is 91. This is a decrease of -46.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $175,000 | -30.0% |
Listing Count | 8 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 91 | -46.0% |
Demographics — Carrington, ND
As of the latest ACS Survey released in 2023, Carrington, ND has a population of 3,040, which has increased by 13.8% over the past 5 years. Carrington, ND is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 29.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,040 | 13.8% |
% Under 18 | 22.1% | 17.6% |
% Seniors | 22.9% | -5.8% |
% WFH | 7.1% | 7.6% |
% w/ College Degree | 29.6% | 21.8% |
As of the latest ACS Survey released in 2023, Carrington, ND is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Carrington, ND is asian, making up 1.5% of the population. Foreign-born residents account for 1.5% of the population in Carrington, ND, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | -2.1% |
% Black | 0.4% | ∞% |
% Hispanic | 0.6% | -33.3% |
% Asian | 1.5% | ∞% |
% Foreign Born | 1.5% | 50.0% |
Mortgage and Risk — Carrington, ND
According to HUD data as of 2023, there were 39 mortgage originations in Carrington, ND, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Carrington, ND. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Carrington, ND
Carrington, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 55.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Carrington, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $190,000 |
| Median Household Income | $84,700 |