New England, ND—58647
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New England, ND
New England, ND lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — New England, ND
New England, 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 — New England, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in New England, ND is 99. This is a increase of 156.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $162,000 | 41.0% |
Listing Count | 6 | -5.0% |
| Listings as % of Homes | N/A | -5.0% |
Days on Market | 99 | 156.0% |
Demographics — New England, ND
As of the latest ACS Survey released in 2023, New England, ND has a population of 1,120, which has decreased by -8.9% over the past 5 years. New England, ND is a less popular place for families, as children make up 13.8% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,120 | -8.9% |
% Under 18 | 13.8% | -41.8% |
% Seniors | 23.3% | 45.6% |
% WFH | 9.2% | -15.6% |
% w/ College Degree | 12.3% | 3.4% |
As of the latest ACS Survey released in 2023, New England, ND is a predominantly white area, with 91.2% of the population identifying as white. The white population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in New England, ND is black, making up 0.7% of the population. Foreign-born residents account for 0.7% of the population in New England, ND, and this percentage has decreased by 36.4% 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 | 91.2% | 4.2% |
% Black | 0.7% | 0.0% |
% Hispanic | 0.3% | -87.5% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.7% | -36.4% |
Mortgage and Risk — New England, ND
According to HUD data as of 2023, there were 15 mortgage originations in New England, ND, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in New England, ND. Investor activity is low, as 0.0% 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 | 15 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — New England, ND
New England, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — New England, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $72,500 |