Towner, ND58788

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$130,000
12.5% YoY Growth
Median Household Income
$80,300
49.9% 5-Year Growth
Days on Market
55
37.0% Shorter than last year
Home Price Forecast
0.5%
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

Property Listings — Towner, ND

As of Oct '25, Realtor.com reports that the median days on market for a home in Towner, ND is 55. This is a decrease of -37.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$168,00029.0%
Listing Count
589.0%
Listings as % of Homes0.4%89.0%
Days on Market
55-37.0%
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Demographics — Towner, ND

As of the latest ACS Survey released in 2023, Towner, ND has a population of 803, which has decreased by -36.1% over the past 5 years. Towner, ND is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
803-36.1%
% Under 18
20.0%-24.8%
% Seniors
29.6%23.8%
% WFH
17.0%136.1%
% w/ College Degree
22.8%-2.6%
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As of the latest ACS Survey released in 2023, Towner, ND is a predominantly white area, with 89.8% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Towner, ND is black, making up 4.1% of the population. Foreign-born residents account for 1.0% of the population in Towner, ND, and this percentage has decreased by 74.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.8%-2.2%
% Black
4.1%272.7%
% Hispanic
3.4%-38.2%
% Asian
0.0%-100.0%
% Foreign Born
1.0%-74.4%
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Mortgage and Risk — Towner, ND

According to HUD data as of 2023, there were 20 mortgage originations in Towner, ND, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Towner, ND. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
20
% Conventional Loans
60.0%
% Government Loans
40.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Towner, ND

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

Section 8 Market Size

Total Units under HUD
21
Total Units Section 8
21
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,200
4 BedroomN/AN/A$1,560

Affordability — Towner, ND

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.1
Median Home Price$130,000
Median Household Income$80,300

Towner, ND — ZIP Code Boundary Map

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Frequently Asked Questions